The Conservative Party are currently gathering for its annual conference in Manchester from Sunday 4th- Wednesday 7th October 2015. They have, however, angered the British business for two of its recent policy reformation proposals about changes to paternity leave, as well as the new national living wage.
According to a new research, conducted by Federation of Small Businesses (FSB) where they surveyed 1,261 members, small firms intend to slow the pace of hiring and raise prices, due to the living wage.
The survey found 38% of small employers anticipate that the new national living wage to affect their business in a negative way when it comes to force in April 2016.