Tom Nall: What's stopping employers letting their staff have it all?

Regulatory changes in the UK - namely the National Living Wage, the apprenticeship levy and auto-enrolment - are making it harder for employers to keep salaries rising in line with Bank of England expectations. With inflation now near-zero and low levels of unemployment, there are significant downward pressures on wages. The National Living Wage, introduced in April 2016, sees eligible employees now paid at least £7.20 per hour, with a target to raise this to £9 by 2020. More than 50% of employers expect to be impacted, according to a recent Chartered Institute of Personnel and Develo...