Minimum wage hikes push up cost of employing a single worker ‘by over £4,000’

Minimum wage increases brought forward by the Labour government have pushed up the annual cost of employing a single worker by over £4,000, new analysis has shown, adding to a mountain of cost pressures facing businesses. Estimates by the Centre for Policy Studies, a free-market think tank, found that between 2024 and 2027 the annual [...]