£15 per hour for Swiss workers: Referendum on plans to introduce the world’s highest minimum wage has employers worried

Jasmin Eicher has already axed her only full-time employee to keep her shop afloat, which sells cards, candles and paper in a Zurich suburb.

Obama signs order on minimum wage

Starting in 2015, businesses with new or renewed federal contracts will have to pay their minimum wage workers $10.10 an hour.

Osborne wants above-inflation minimum wage rise

Chancellor George Osborne has said he wants to see an above-inflation increase in the minimum wage. He told the BBC the "economy can now afford" to raise the rate, currently set at £6.31 an hour for people over the age of 21.