PARLIAMENTARY WRITTEN QUESTION
Living Wage (9 July 2015)
Question Asked
Asked by:
Sir Christopher Chope (Conservative)
Answer
The Office for Budget Responsibility (OBR) forecast 1.1million new jobs will be created over the forecast period. This includes their estimate of the impact of the new living wage. This forecast is not broken down by region. The OBR also estimate the cost to businesses will be 1 per cent and the Budget cut corporation tax to 18% and increased the Employment Allowance
Answered by:
Damian Hinds (Conservative)
14 July 2015
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