Small business impact added to minimum wage formula

25 June, 2010

The government has changed the remit of the Low Pay Commission so that it will have to take into account the competitiveness of small businesses when making its recommendations for minimum wage rates for 2011.

This year’s new national minimum wage rates will come into force on October 1 and have been set at £5.93 per hour for 21s and over, £4.92 for 18-20 year olds and £3.64 for 16-17 year olds.

James Lowman, chief executive of the Association of Convenience Stores, said: “While local shops support the minimum wage, and strive to pay above this rate, it has become increasingly difficult to maintain staffing levels with the year-on-year above-inflation increases.

“It is a good step forward for the government to acknowledge the impact of the minimum wage on small firms.”




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Rosé tinted glasses

I was asked recently what I thought the biggest change had been in wine fashion in the past five years. My answer was unequivocal: sales of pink wines. From being a niche that expanded and contracted with the sunshine, rosé has subtly but steadily become a stalwart of many merchants’ ranges, with Provence firmly at the top and asked for by name.

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