Osborne cautious over minimum wage

Press Association
Updated
Chancellor George Osborne visits the Chiff Chaff Cafe in Bedford, where he talks to customers and discusses the introduction of the new Employment Allowance with staff, which will allow businesses to claim £2,000 a year off their employers' National Insurance contributions (NICs). Thursday January 9 2014. See PA story POLITICS Osborne. Photo credit should read: Stefan Rousseau/PA

%VIRTUAL-SkimlinksPromo%Chancellor George Osborne has cautioned against "self-defeating" increases in the level of the national minimum wage, amid reports that some Cabinet ministers are pressing for an above-inflation rise of 50p or more.

Mr Osborne said he wanted to see low-paid workers' earnings rising, but not at the cost of jobs.

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