00:00If you go out to work every day, you should be able to pay the bills and put food on the table and pay the rent or the mortgage.
00:07But we know that that's still not the reality for many people today.
00:10And we're still not paying the minimum wage and the national living wage is still not the rates of a real living wage that is calculated independently.
00:21So I think it's the right thing to do to increase those rates to put more money in people's pockets.
00:27And actually the biggest concern I think for businesses is that consumers don't have enough money in their pockets.
00:34And so they're not spending on the discretionary things, whether that's a meal out, a night out, a weekend away with the family, or spending in the local high street and the local shops.
00:45So putting more money in the pockets of working people I think is good economic policy as well as the right thing to do by some of the poorest people in our country.
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