Speeches

Stephen Timms – 2015 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Stephen Timms on 2015-10-20.

To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the effect of the introduction of the National Living Wage on rates of pay above the statutory minimum; and if he will make a statement.

Nick Boles

The Government will publish an Impact Assessment for the introduction of the National Living Wage alongside the implementation regulations. The Office of Budget Responsibility estimates that 3.25 million people above the new statutory minimum will benefit from the National Living Wage.