Raising the minimum wage creates big problems

Mark Littlewood appears on BBC Radio Ulster

Mark Littlewood appeared on BBC Radio Ulster to discuss the minimum wage.

The major problem with the minimum wage is that you cannot artifically create salary increases from thin air. They have to come from somewhere. It will either squeeze the profit margins, which in turn will reduce returns, or it will lower the number of employees a company can hire.

Listen to the full programme here. Segment begins at 53:38.