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Minimum wage increase 'will lead to higher costs for consumers'

Chamber of Commerce says companies haven't had enough notice

Some businesses will have no option but to raise prices if the Island's minimum wage increase in April.

Government recently announced plans to set the rate at £9.50, a rise of £1.25 per hour.

The Isle of Man Chamber of Commerce is concerned it's not enough notice for businesses to plan for the increase cost, particularly those who've been hit by Covid.

President of the body, Kristan McDonald, says it'll be customers who end up paying:

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