Below is an extended version of Jaspal Singh Minhas’ remarks on a living wage of £7.50 per hour in Leicester.
“ LABA supports the vision and aspiration of Sir Peter Soulsby. A well paid work force under-pins a healthy economic landscape and ability for the city to attract inward investment and create long term meaningful jobs. Most small businesses value their employees above their customers, the rationale being that if your employees are happy and share your commitment for excellence, the customers will benefit by this as a matter of course”. “LABA looks forward to working with the Mayor to create a climate of economic vibrancy for the City where businesses want to start, develop and thrive.
“In a recession”, said Mr Minhas where there is limited access to new markets, the banks are anti-enterprise, creating one additional job in a small business is a major challenge. I rather there is a voluntary code where a upper limit and lower limit are agreed at a social concordat between the mayor and the business community”. The mayor must also at the same time address effective support to businesses, access to new markets and access to finance”.
Mr Minhas also suggested that “like the Small Firms Minister and the Mayor of London, Sir Peter spends a day on a regular basis with Leicester’s businesses. LABA extends an open invitation to Sir Peter. “I think this will enable both sides to build a genuine dialogue and respect”.
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