04:42

Truss-backed economists call for cut in minimum wage in London, UK

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This footage was filmed and produced 14 November 2023.

A group of economists backed by former prime minister Liz Truss says the minimum wage should be frozen and then cut to make the labour market more competitive.

The Growth Commission has argued that plans to increase the minimum wage further would be a “significant drag on the economy” as it laid out plans to boost growth ahead of the autumn statement next week.

Speakers in order are Commission co-chairmen Douglas McWilliams and Shanker Singham.

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