Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Whitbread food sales slump after revealing exit from restaurant arm

      Premier Inn hotel exterior with modern design and welcoming entrance, highlighting its prominent location and accessibility.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      An England World Cup isn’t just football – it is money, politics and a nation’s bad habits

      Business professionals in a meeting discussing strategic planning and market trends in a modern office setting.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • City AM Puzzles
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Bowls Club is the City’s most eccentric (and brilliant) pop-up

      Local bowls club members enjoying a sunny day on the green, engaging in a competitive match with vibrant surroundings.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper
  • ISA Guide

low pay commission

  • Starmer ally defends minimum wage quango after Sunak calls for it to be axed

    Economics

    Welfare secretary Pat McFadden has leapt to the defence of the minimum wage quango after former Prime Minister Rishi Sunak called for the body to be axed. The top ally of Sir Keir Starmer told City AM it “would be a mistake” to abolish the Low Pay Commission (LPC), an independent body that advises the [...]

    Labour's Pat McFadden could oversee small welfare reforms that could make reasonable savings for public finances.
  • Sunak calls for minimum wage quango to be abolished

    Politics

    Former Chancellor and Prime Minister Rishi Sunak has said that his decisions to hike the national minimum wage backfired as he called for a quango overseeing low pay to be abolished.  Sunak appeared to admit that his decision to increase the national living wage has contributed to job struggles faced by young people.  In an [...]

    Prime Minister Rishi Sunak tours the car manufacturer Nissan on November 24, 2023 in Sunderland, England. (Photo by Ian Forsyth/Getty Images)
  • Hiking minimum wage as graduate pay stagnates is incentivising mediocrity

    Opinion

    Hiking the minimum wage as graduate salaries flatline is creating a system where ambition is no longer rewarded, writes Steve Rigby.

    Graduate jobs crisis
  • We are governed by people who don’t know what they’re doing

    August 6, 2025

    Almost 100,000 jobs in the hospitality sector have disappeared since the government unveiled its hike to employers’ National Insurance Contributions, and lowered the threshold at which it is paid. Employers have also had to contend with a rise in the minimum wage amid a storm of other headwinds including inflation, energy costs and generally weak [...]

Trending Articles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • Keeping up with the cash: SKIMS’ law firm hits record revenue 

  • Baillie Gifford in line for Anthropic windfall just months after £3.6bn SpaceX bonanza

  • Mayer Brown defends ‘do not disturb’ policy despite criticism from rivals

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited