In his Spring Statement today (13th March), Chancellor Philip Hammond MP has confirmed that the Government will launch a review into the future of the National Living Wage and National Minimum Wage after 2020.
The review of the international evidence relating to the employment and productivity effects of rising wage rates will be conducted by Professor Arin Dube and will consider the views of employers, trade unions, the Low Pay Commission and other stakeholders. The review will report to HM Treasury and the Department for Business, Energy and Industrial Strategy.