Without supportive measures the minimum wage increase will do little to reduce inequality in the UK

National minimum wage increases over the next four years are – on their own – unlikely to solve the escalating inequality in the UK, or the widening gap between business owners and wage-earners. Teemu Alexander Puutio writes that more ambitious measures are needed, and suggests that shareholder ownership plans could offer a private-sector driven and sustainable tool even if the government is unwilling to adopt more robust policies to address inequality.