Rachel Reeves described the move as a "significant step" towards delivering on Labour's manifesto promise to introduce a "genuine living wage for working people".
The increase, recommended by the Low Pay Commission, will mean an extra £1,400 a year for a full-time worker earning the main minimum wage rate, known as the national living wage, from April 2025, but it still falls short of the £12.60 per hour UK living wage calculated by the Living Wage Foundation.
The Chancellor also announced that the minimum wage for people aged 18-20 would rise to £10 an hour, an increase of £1.40.
Esta historia es de la edición October 30, 2024 de The Herald.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición October 30, 2024 de The Herald.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
'A STUPID TACKLE
CALLUM WRIGHT BAN LEAVES INJURY-HIT ARGYLE EVEN MORE DEPLETED
Bundu is the latest addition to lengthy injury list
PLYMOUTH Argyle are assessing the severity of the hamstring injury suffered by Mustapha Bundu during the 4-0 Boxing Day defeat away to Coventry City.
Argyle must find an answer to away-day embarrassment
PLYMOUTH Argyle's record of 10 defeats and no wins from 12 away Championship matches this season is bad enough.
Hope ends in heartbreak once again
ENGLISH football endured yet another near miss on the field this year while, off it, some of its most high-profile managers moved on.
Starmer's tribute to brother Nick, 60
PRIME Minister Sir Keir Starmer has paid tribute to his brother Nick, who has died aged 60.
Badenoch hits back at Reform
CONSERVATIVE leader Kemi Badenoch has accused Nigel Farage of \"fakery\" over Reform UK membership numbers, after his party claimed they had surpassed the Tories in signed-up members.
150k cross the Channel in 7 years
MORE than 150,000 migrants have arrived in the UK after crossing the Channel in the last seven years.
German election date
GERMAN president Frank-Walter Steinmeier has ordered the country's parliament to be dissolved and set new elections for February 23 in the wake of the collapse of Chancellor Olaf Scholz's governing coalition.
School's pride in praise by Ofsted
UNGRADED INSPECTION FOR MONTPELIER
Tale behind city wall of poetry
POEMS DESIGNED TO LIFT UP SECTION OF COASTAL PATH
