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Healey to ‘increase minimum wage by 3.9 per cent’
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City AM
Healey to ‘increase minimum wage by 3.9 per cent’
Chancellor John Healey will reportedly hike the minimum wage by nearly four per cent at the Budget, setting the floor for wages for all over 21-year-olds at £13.20 for the next year. Healey is expected to deliver a huge pay increase of 3.9 per cent to low-wage workers on Wednesday, according to The Times. However, [...]
26 Oct, 18:08
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Guido Fawkes
Healey to Hike Minimum Wage
A briefing to the Times confirms that Healey will use Wednesday’s budget to raise the minimum wage by about 3.9%. But he is slowing the catch-up for young workers… The National Living Wage for those aged 21 and over is £12.71, which Healey will hike to about £13.20. The Youth rate is £10.85, which will…
26 Oct, 17:10