I am always happy to give a platform to my fave Tory blogger Charlotte Argyle as her views are - as far as I know - 100% bang on the money. And so over to Charlotte.
As of December 2012, the average London worker can expect to enjoy a wage of £33,816 compared to that of their Northern neighbour, where in Manchester for example the average is £26,242.
If you go on to look at the median hourly rate for London, it is £10.13 and further investigation shows that if you take the median hourly rate by years experience, you would need 5-9 more years within that sector to reach anywhere close to the proposed £8.55 ‘living wage’ figure.
At a time of reported low growth, the living wage can be described as nothing more than another bureaucratic bid to stifle SMEs and start-up growth.
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