delete The National Minimum Wage (Amendment) Regulations 2023
These regulations amend the National Minimum Wage Regulations 2015 to increase the national living wage from £9.50 to £10.42 per hour, increase tiered minimum wage rates for different worker categories (apprentices, 16-17 year olds, 18-20 year olds), and raise the accommodation offset from £8.70 to £9.10 per day. The changes take effect 1st April 2023.
Minimum wage laws are price floors that predictably reduce employment opportunities for low-skilled workers, youth, and entry-level workers—the very people they claim to help. They distort labor market signals, create barriers to workforce participation, accelerate automation, and push some employment underground. Market competition, not government decree, is the sustainable mechanism for raising living standards. The unemployment and reduced hours that result from mandatory wage floors harm the workers they purport to protect.