Credit rating agency Moody’s warns big four may close stores or try to avoid employing people eligible for rise to £9 an hour by 2020
Supermarkets could close stores and try to avoid employing over-25s to cover the cost of implementing a new “national living wage”, the influential credit rating agency Moody’s has warned.
Its research will raise concerns about the countermeasures big businesses could take to pay the national living wage, which was announced by George Osborne in the summer budget.
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Source: The Guardian Circular Economy RSS