The minimum amount that can be paid to most workers is set to increase to at least £11 an hour from next year
will go above £11 for most workers next year, the Chancellor will announce as he also launches a fresh crackdown on benefits.will use his speech to the Conservative party conference on Monday to promise a significant increase in the national living wage.
The speech in Manchester comes as Mr Hunt is under pressure from Conservative MPs to lay out a plan to reduce the tax burden – which a lower benefits bill would make easier. “At the moment it is £10.42 an hour and we are waiting for the Low Pay Commission to confirm its recommendation for next year. But I confirm today, whatever that recommendation, we will increase it next year to at least £11 an hour. A pay rise for over 2 million workers.
The national living wage, which applies to all workers over the age of 23 instead of the national minimum wage, was first introduced by George Osborne and has tended to rise faster than inflation – although it is lower than the “living wage” promoted by the Living Wage Foundation, which is set at the minimum level required to afford a basic range of living costs.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeremy Hunt promises welfare reform to end 'vicious circle of ever-rising taxes'The Chancellor faces mounting pressure from the Tory right to unveil tax cuts before the general election, amid warnings that the current level of taxation has become 'unsustainable'
Read more »
Chancellor Jeremy Hunt sets out stall to halt 'vicious circle' of tax hikes as pressure mountsThe cabinet minister argues the state needs to become 'more productive' not bigger, as the Conservative Party annual conference gets under way in Manchester this weekend, with some senior party figures demanding a cut in levies.
Read more »
Chancellor Jeremy Hunt confirms toughening of benefits sanctions while raising living wageWork and Pensions Secretary Mel Stride announced last month he was looking into changes to the Work Capability Assessment. Reducing welfare spending and getting people into work is part of the reason behind the plans.
Read more »
Chancellor says welfare reforms and AI could help end ‘ever-rising taxes’Jeremy Hunt is under pressure from Conservative MPs to announce tax cuts ahead of the next election. | ITV National News
Read more »
'My dad is an older father like Jeremy Kyle - I never questioned it'EXCLUSIVE: Judith Zerdin, 47, from Surrey, is a freelance copywriter and translator who was born when her dad was 50 and here she talks about having an older parent...
Read more »
Jeremy Kyle reveals heartbreaking miscarriage as he's expecting sixth childThe chat show host announced the sweet news earlier this week that he was going to become a father for the sixth time as his wife Victoria is pregnant with their second child.
Read more »