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A £15 national minimum wage won't tackle the cost of living crisis — an economist explains why

By Kerry L. Papps, Senior Lecturer in Economics, University of Bath

Since it was introduced 23 years ago, the national minimum wage has raised the incomes of millions of Britons and reduced inequality.

Everyone loves it. For Labour politicians it’s a tool to reduce inequality, while for Conservatives it’s a way to force businesses to take on some of the burden of the welfare system. Technocrats get a sound policy based on impartial…

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