By Daniel Hunter

The British Retail Consortium has responded to Vince Cable's announcement that the National Minimum Wage will be increased by 1.9 per cent in October 2013.

"The Government has made a very sensible decision to show restraint by limiting this October's increase to 1.9 per cent," British Retail Consortium Director General Helen Dickinson said.

"This strikes the right balance between helping workers on the lowest incomes and reflecting the realities of current conditions.

"We strongly support the minimum wage as a floor for decent pay. 97.3 per cent of retail employees are paid above the minimum wage but an excessive increase would have affected related pay scales and priced young people in particular out of work."

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