The chancellor will announce the move to the Conservative conference on Monday. | ITV National News
The national living wage is set to increase to at least £11 an hour from next April, with Chancellor Jeremy Hunt expected to confirm the move in a speech to the Tory party conference on Monday.
The Low Pay Commission estimates the rate required to meet that target should be between £10.90 and £11.43, with a central estimate of £11.16. Prime Minister Rishi Sunak said the government is “sending a clear message to hardworking taxpayers across the country – our Conservative Government is on your side”.
“I am incredibly proud to live in a country where, as Churchill said, there’s a ladder everyone can climb but also a safety net below which no-one falls,” Mr Hunt will say. “But since the pandemic, things have being going in the wrong direction. Whilst companies struggle to find workers, around 100,000 people are leaving the labour force every year for a life on benefits.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hunt to confirm ‘pay boost for two million’ as living wage rises to £11 an hourThe Chancellor will announce the move to the Conservative conference on Monday.
Read more »
Hunt to confirm ‘pay boost for two million’ as living wage rises to £11 an hourThe Chancellor will announce the move to the Conservative conference on Monday.
Read more »
Chancellor set to announce new minimum wage will rise to at least £11 an hourHe will be speaking at the Tory Party conference in Manchester later today.
Read more »
Hunt vows to 'make work pay' announcing benefits reforms and boost to National Living WageJeremy Hunt is expected to announce a shakeup of the benefits system and a boost to the National Living Wage as part of his speech at the Conservative party conference.
Read more »