The new head of the CBI is seeking a truce with government by dropping claims that the £9 national living wage will cost jobs.
In her first interview since taking over as director-general last week, Carolyn Fairbairn said that wages were already rising in some sectors and that it was too early to tell whether there would be job losses. “We don’t really know, I don’t really know.
“It’s not just the level of the national living wage, it’s the differential, how it will knock on to the rest of the economy. We will see how it plays out. If we do get productivity improvements and we can get the productivity agenda working, I hope that can be minimised.”
Her comments contrast with those of