Treasury Minister suggests some concerns are unfounded
The chief executive of the Island’s Chamber of Commerce says the government’s current business-support schemes fall short of what companies actually need.
This week, the Chamber has released an open letter highlighting serious concerns about the planned 9.9 percent rise in the minimum wage set for April next year.
The organisation has described the increase as a “national crisis,” warning that it could negatively affect the Island’s economy.
Rebecca George says they want the government to halt the planned rise and take proper account of the real impact it will have on businesses:
In response to the open letter, Treasury Minister Dr Alex Allinson says concerns in terms of crisis and large scale of unemployment 'are perhaps unfounded':
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