DanRobinson published Businesses warned over potential cash flow issues arising from...

The National Living Wage comes into force on Friday – and businesses have been warned to prepare for the financial impact by taking a closer look at their cash flow. The Midlands branch of insolvency trade body R3 has forecasted that remuneration rises for the lowest-paid employees could trigger wage demands from other staff. All full-time workers aged 25 or over must now be paid a minimum of £7.20 per hour, while the National Minimum Wage of £6.70 remains in place for...