George Osborne was poised to make an announcement about the minimum wage at Tory conference last autumn, I’m told by several Whitehall sources. The chancellor changed his mind at the last minute.
In theory, Mr Osborne decided to hold back in order to respect the sanctity of the Low Pay Commission, the independent body which has set the rate for over a decade.
But then again he had no plans to over-ride the commission, I’m told. (Instead his words would have been more about saying that he would welcome a higher rate – if the body recommended it.)
In practice it may just be that the chancellor was beaten to the announcement by Vince Read more