Fiona Twycross AM: Thank you. I am delighted that you think a National Living Wage is an idea whose time has come, but we have to be honest that this is not a genuine Living Wage. In November last year, GLA Economics suggested in the paperwork around the new rate for the Living Wage that without the tax credits the rate for London would be around £11.65 and so we can already see that it is well short of what the Government is proposing.
I want to go back and just ask you a little bit more about the comments you made about the loss of impetus because this is a genuine worry and, from our side, we will do anything we can to help keep that impetus going. If I heard you correctly, you stated that we are on the brink of a breakthrough with a major retailer. This is one of the real issues we have been facing: getting people who employ large numbers of low-paid workers to sign up. It is absolutely tragic if, because of this announcement, we have lost the impetus and potentially lost a major retailer announcing later in the year that it will adopt the voluntary Living Wage rate, which in London, as you said, is £9.15 but should, as GLA Economics said, be around £11.65 without the tax credits being included.
What are you going to do and what can we do to make sure that this impetus is not lost? I am genuinely concerned about this.