Brent set to be first council in the country to cut business rates for firms paying Living Wage

Speaking at the launch of the first business rate discount scheme for employers paying the Living Wage in Brent, Labour’s Shadow Secretary of State for Work and Pensions, Rachel Reeves MP said:

“I want councils across the country to follow Brent’s lead by cutting business rates for companies who pay their staff a Living Wage. It’s a brilliant idea to tackle low pay which is good for everyone - workers, employers and taxpayers.

“It’s a scandal that one in five people who does the right thing, works hard and contributes,  doesn’t earn enough to pay their bills. Low pay is driving up the benefits bill and leading to more Tory Welfare Waste and is making it harder to get the deficit down, with income tax receipts across the Parliament £70 billion lower than forecast in 2010.

“A Labour government will tackle low pay by raising the Minimum Wage to at least £8 hour before 2020, bringing in Make Work Pay contracts to get more workers paid a Living Wage and banning exploitative zero-hours contracts.”