Del
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Businesses that sign up to paying the living wage will be given a 12 month tax break worth up to £1,000 per worker under plans unveiled by Ed Miliband.
The Labour leader has pledged to introduce the contracts to raise wages for millions of low-paid workers if he takes the keys to No 10 at the general election.
At a speech next week Mr Miliband will warn that Britain risks "an era of growth without prosperity" as wages stagnate while household costs continue to rise.
"Ordinary families are doing much worse than the averages would suggest because people at the top continue to enjoy faster wage rises than everyone else," he will say.
"For ordinary families to keep up, we don't need average wages to just creep higher than prices. That will still leave millions of people worse off.
"We need the kind of strong increases in wages that will genuinely make people all across Britain better off. Wages for millions of families have been stagnant or in decline for far too long now.
http://news.sky.com/story/1163152/miliband-pay-living-wage-for-1000-tax-break