Merlin boss criticises universal minimum wage

Nick VarneyMerlin Entertainments chief executive Nick Varney has criticised the UK minimum wage for being a universal figure applied across the country.

In an interview with the Financial Times newspaper, the 51-year-old businessman called for a tiered approach recognising varying costs of living.

He said: “If there was ever a case where one size does not fit all, it’s the national minimum wage.

“To apply the London minimum wage to people working in Blackpool is just ridiculous.”

The article stated that Varney had described the forthcoming rise in the minimum wage to £6.50 as being “bearable” for his company.

However he said that those politicians which have been calling for the rate to be £7 needed to consider the wider impact of such a rise.

“There will be jobs lost among 16 to 24-year-olds. The practical result is that people will employ fewer people,” he claimed.

2 Comments on "Merlin boss criticises universal minimum wage"

  1. Whada Preek | 3 March 2014 at 13:09 |

    Maybe Mr. Varney would like to take a pay cut from the many MANY thousands he gets each month. While he lazes around and watches the share prices rise, Merlin employees like us are cleaning up sick and putting individual hairs into figurines of Wayne Rooney and the like. Despicable.

  2. Stuart Giles | 3 March 2014 at 12:32 |

    So heartless I bet u would not be able to live for £6.31 ah hour and do the stuff u do now the mimimun wage should be at least £8.00

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