Friday, October 2, 2020
Home News Reader’s Comment of the Day: Living Wage will kill jobs. Fact

Reader’s Comment of the Day: Living Wage will kill jobs. Fact

-

In response to, Mark Ellse: Osborne’s living wage will be a greater disaster than Brown’s bloated tax credits, Bogbrush wrote:

This is not an argument, it is a fact – because I am an employer of over 700 people who will be an employer of about 450 next year because of this.

I pay well for engineering and skilled jobs but where I have unskilled assembly work the prices of my products demand low unit costs. As a result of the National Living Wage I am:

– Delisting areas of business that are no longer viable (these will not be relocated to another business, they will be dead).
– Reformatting products to existing automated operations.
– Accelerating the already existing programme of automation.

This is not a forecast, or a projection, or an opinion. This is actually happening – indeed, in terms of decisions made it has already happened. The effect will be felt in 2016 and thereafter, but it’s a done deal.

- Advertisement -

If you appreciated this article, perhaps you might consider making a donation to The Conservative Woman. Unlike most other websites, we receive no independent funding. Our editors are unpaid and work entirely voluntarily as do the majority of our contributors but there are inevitable costs associated with running a website. We receive no independent funding and depend on our readers to help us, either with regular or one-off payments. You can donate here. Thank you.

Sign up for The ConWom News

Each morning we send The ConWom Daily with links to our latest news. This is a free service and we will never share your details.