The New, National Living Wage.

A Labour-style measure introduced by a Tory (?) Chancellor. It SOUNDS sooooo good, doesn't it? - Indeed!
Mind you, there will be a small number of attendant problems too:
1) It plays into the hands of both illegal immigrants and unscrupulous employers who will take tens of thousands (hundreds of thousands?) of legitimate jobs and taxes out of the system.
2) Many smaller businesses will have to shut down. Imagine a small, reasonably busy fish and chip shop. The owner needs three people to work a Saturday lunchtime for three hours. This will cost him or her more than EIGHTY pounds per day. (And what about those days when it is not so busy? Can the owner get away with just two staff at £55? What will this do to the price of the product? Where is the profit?)
3) Clearly prices are going to have to rise. Fewer portions are sold. Profits plummet in any case.
4) Consequently these much-desired, part time jobs will simply be lost - not to mention the inconvenience to the community.
5) I was told on Friday about a tiny fruit shop run by a lady owner and an assistant. The National Living Wage would make the owner's profits fall below The National Living Wage. Consequently, both will become unemployed.
Extrapolate from what I have put here. Countless jobs and businesses will fall victim to this silly, poorly-implemented 'nice idea'.