British finance minister John Healey plans to increase the national living wage by 3.9% to 13.20 pounds, according to a report by The Times newspaper. The increase is expected to be announced at the upcoming Budget.
The planned increase in the minimum wage will affect the earnings of low-paid workers in the UK.
Trading stocks, CFDs, spread betting, futures, and options involves a high level of risk and may not be suitable for all investors. Prices can move rapidly, and losses can occur quickly and exceed your expectations.
British finance minister John Healey is expected to announce an increase in the national living wage to 13.20 pounds, a rise of 3.9% from the current rate of 12.71 pounds. The Times newspaper reported the planned hike, which is anticipated to be part of the upcoming Budget.
Pick the topics you care about. Get only what matters, on your cadence.
