James just handed me an FT article about the nursery chain industry.
Turns out the company that employs teen-agers with no formal state qualification on minimum wage to look after my daughter three days a week made 33 million pounds in sales last fiscal year. On those sales they secured a profit of 5.5 Million pounds.
Not sure how I feel about furthering the wage-slave industry :-(
I suppose at least we have a minimum wage, some of you remember the last Tory government’s position on it–that minimum wage would cripple business and sink the economy–nice one, Margaret.
Now might be a good time for Bliar to re-introduce free milk in schools.
OK, I’ll stop now.