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UK's Healey says minimum wage to rise by 3.9%
Healey said 2.3 million low-paid workers will get a 3.9% pay rise as the government lifts both minimum wage rates.
- On Wednesday, Chancellor John Healey announced a 3.9% increase to the National Living Wage and National Minimum Wage, affecting 2.3 million of Britain's lowest-paid workers.
- Britain's main minimum wage rate has risen by around 50% since 2020; in March, the Labour government tweaked the Low Pay Commission's remit to account for labor market conditions.
- The National Living Wage will increase to £13.21 an hour and the 18-20 National Minimum Wage to £11.27, addressing what the Labour Party called "discriminatory" lower rates.
- Businesses in retail and hospitality have complained about rising costs, though there is no clear evidence that the increased minimum wage has cost large numbers of jobs.
- Consumer price inflation hit 3.5% in September; the Low Pay Commission had previously estimated the National Living Wage would likely need to rise by around 3.7% in 2027.
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Total News Sources10
Leaning Left0Leaning Right2Center5Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
C 71%
R 29%
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