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Written question asked by Irvine Patnick (Conservative), in the House of Commons. It was due for an answer on Monday, 17 March 1997. It was answered by John M Taylor (Conservative) on Monday, 17 March 1997 on behalf of the Department of Trade and Industry.


Dept of Trade and Industry

Question
What estimates he has made of the effect of a minimum wage of £4.26 per hour with 50 per cent. restoration of wage differentials on the number of jobs in the United Kingdom. - Inc figs.
Answer

Sir Irvine Patnick: To ask the President of the Board of Trade what estimates he has made of the effect of a minimum wage of £4.26 per hour with 50 per cent. restoration of wage differentials on the number of jobs in the United Kingdom. [20318] Mr. John M. Taylor: In December 1995, my officials estimated that a minimum wage set at £4.26, as advocated by last year's Trades Union Congress, would lead to the loss of more than 1 million jobs with only half restoration of wage differentials.


Secondary information

Type
Written question
Reference
20318; 292 c389W
Session
1996-97
Subjects
Minimum wage
Contains statistics
Yes