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where do we allow the owners to pay less? This is dogmatic bullshit. Any business owner will tell you it is cheaper to retain good well trained staff than it is to hire someone new. To keep your staff you need good pay, good conditions and good prospects. It is that simple. At before you become apoplectic with rage, that is not to say that there are employers out there who take the piss - of course there are. But most employers know it is better to retain staff than to hire new staff.
Perhaps if we taxed businesses less, there would be more cash available for workers. Businesses will pay PAYE, NI, VAT, corporation tax and business rates as standard. Most businesses will pay between 40-50% of the cash they collect in taxes in one form or another. That's almost like communism (look it up, not even the East Germans taxed their businesses as highly). But this does not suit the narrative that businesses cannot pay their workers more - often in cases they just cannot because on one hand you have the customer wanting cheaper prices, but on the other hand you want workers with greater pay, and in the middle you have the treasury who takes what is wants.