Statutory wage requirements may cause job cuts

Steve Davies appears on BBC's Mark Forrest show

Steve Davies appeared on BBC's Mark Forrest show to discuss the proposed Living Wage. Steve argued that having a statutory requirement to pay a specified amount will have negative results such as job cuts.  Companies will need to cut employment costs and may have to do this through job cuts.  Steve advocated looking at ways to reduce the cost of living so that low wages will go further.

Listen to the full programme here. Segment begins: 00.35.00.