Royston Smith – 2016 Parliamentary Question to the Department for Business, Innovation and Skills
The below Parliamentary question was asked by Royston Smith on 2016-03-08.
To ask the Secretary of State for Business, Innovation and Skills, if he will estimate the cost to small and medium-sized enterprises of implementing the national living wage.
Nick Boles
The Government’s Impact Assessment for the introduction of the National Living Wage estimates the cost of the initial £7.20 rate will be just under £530 million in total for small, micro and medium sized businesses.
