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Possible rewrites: 1. Rethinking Minimum Wage Calculations Comes with Potential Risks 2. Minimum Wage Calculation Overhaul Poses Potential Dangers 3. Changes to Minimum Wage Calculations Bring Potential Risks 4. Risks Involved in Minimum Wage Calculation Shake-up 5. Minimum Wage Calculation Reforms Carry Inherent Risks

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July 30, 2024
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The newly formed government has announced two significant changes to the process of determining the minimum wage in the United Kingdom. Jonathan Reynolds, the new Secretary of State for Business, has issued a directive to the Low Pay Commission (LPC) to revise their approach and consider the cost of living when setting the minimum wage and national living wage rates. This move is likely to blur…

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