United Kingdom · Question · Written question
HL HL3492
Pay: Inflation
Introduced
20 March 2024
Last action
28 March 2024 · Answer
Status
Answered
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Subjects
Discovery layer
Source updated
28 March 2024
Summary
To ask His Majesty's Government what steps they are considering to mitigate the potential inflationary effects of the increase in the National Living Wage and the National Minimum Wage.
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Timeline
20 March 2024
Written question
To ask His Majesty's Government what steps they are considering to mitigate the potential inflationary effects of the increase in the National Living Wage and the National Minimum Wage.
Source: Lords
28 March 2024
Answer
In March 2020 the Office for Budget Responsibility estimated that meeting the National Living Wage target of 2/3rds of median earnings by 2024 would increase the level of consumer price inflation by less than 0.1 per cent across that period. Evidence show...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-03-20/HL3492
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1697686
- uk · wq-1697686 · source updated 28 March 2024