UK Domino's CEO Sees Labour's Wage Hike as Good for Business
Domino's Pizza Group Plc Chief Executive Officer Andrew Rennie said Labour-mandated wage increases mean UK consumers have more money in their pockets to spend on pizza.
'Customers who end up with more money in their pay package from the national living wage are also our customers, and therefore we could be the beneficiaries of that as well,' Rennie told Bloomberg News, noting that more discretionary spending could drive more volume for its business.
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