Increasing productivity will increase wages

Steve Davies appears on BBC Radio 4

Steve Davies appeared on BBC Radio 4's Today programme to discuss the Living Wage. Steve argued that the only way to raise wages in the long term is to increase productivity in the workforce and the economy as a whole. To raise pay artificially increases costs for businesses which have to be offset, leading to job cuts. 

Listen to the full programme hereSegment begins: 01.50.00.