Labour Budget: Minimum wage to rise 6.7%
Video Credit: ODN - Duration: 00:35s - Published
Labour Budget: Minimum wage to rise 6.7%
The minimum wage will rise to £12.21 an hour next year as the Chief Secretary to the Treasury, Darren Jones, confirmed a 6.7% increase ahead of Wednesday’s Budget.
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.
Report by Covellm.
Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
