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    The key to the piont I am making is that competition for labour is the best way to raise wages. labour have imported a mass of low skilled labour and that would have indeed provide a downward pressure on wages if not for the minimum wage.

    However if they had not done that then a shortgage of labour would be handled in the market with higher wages being offered. It is a normal market response. I would maintain that the minimum wage has become a norm in many occupations and sectors of the economy and as such is locking people in to low pay.

    This suits Labour, of course, they have a vested political interest in people being locked in to benefits. The Conservatives have a vested political interest in social mobility and people being able to improve their lot.

    I accept that my argument is a complex one and not a simple populist one that is easy to explain like a minimum wage but it is no less valid for that.

    The evidence of what I say is in the reduced social mobility since Labour brought in its minimum wage and tax credits.

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