Issue 14
Tory backers named and shamed
Two of the business leaders who signed a letter supporting the Conservative's economic strategy are from companies named and shamed by the coalition government for not paying one or more workers the National Minimum Wage (NMW).
Nadir Lalani, founder and chief executive of 99p Stores Limited and Jonathan Newhouse, chief executive of Condé Nast International were both signatories of the letter to the Daily Telegraph.
In March, the Department for Business Innovation and Skills named and shamed 99p Stores and Condé Nast Publications over failures to pay the NMW. Lalani’s firm had neglected to pay £633.39 to 11 workers, while Newhouse’s firm, publishers of Tatler and GQ, had underpaid one worker by £745.48.