What are the Disadvantages of the NMW?

-NMW will raise the Costs of Production leading to Job Losses and Unemployment -NMW can Decrease the Competitiveness of UK Firms compared to other International Firms -UK Firms may Pass the Increased Wage Cost in the Form of Higher Prices, leading to Inflation -Would NMW Decrease Poverty? Many of Society's Poorest Members are the elderly and Disabled and do not work so