TUC welcomes business leaders’ call for a higher minimum wage

Responding to a letter signed today (Thursday) by a group of senior business leaders calling for the national minimum wage to rise at a faster rate, TUC General Secretary Frances O’Grady said:

“There’s an overwhelming consensus forming that the time is now right for a much bigger increase in the minimum wage. It’s not only workers and their families who need it, getting money back into people’s pockets will give businesses the customers they need for sustained growth.

“We’re calling on everyone who is feeling the squeeze to join our Britain Needs a Pay Rise national march and rally in London next month (18 October). We will be demanding an increase to the minimum wage and a fairer share in the growing economy for workers who have suffered the biggest fall in real wages since the 1920s.”