The new minimum wage being brought into effect next year is set to cost businesses around £1.1bn in the first year, according to official calculations.
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The new minimum wage being brought into effect next year is set to cost businesses around £1.1bn in the first year, according to official calculations.
...The Government has written to the Low Pay Commission (LPC) setting out its remit for their 2012 Report. The LPC will continue to monitor, evaluate and review the National Minimum Wage (NMW) and its impact, and review the levels of each of the different minimum wage rates.