Speaking to ITN News yesterday, Sir Victor Blank welcomed the 19p increase to the minimum wage as a ‘small but very positive step’.

Sir Victor said:

One of the biggest problems I think we have is the growing division between the levels of pay of senior executives and the average level of pay.

‘If you look at the figures over the last 15 years, they’ve just grown apart massively and I think it’s quite worrisome and I think it’s quite wrong.

Watch the video below

Video supplied courtesy of ITV News.