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Firms 'worried by living wage'

Island businesses say they're concerned over a new living wage.

A survey by the Chamber of Commerce was completed by 69 businesses from nine sectors of the economy, focusing on the impact of the £8.61 an hour rate.

72 per cent of companies say the living wage is socially responsible, but will have a negative impact.

Only 3 per cent of employers felt introducing the rate would be good for their businesses.

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