National living wage to rise to £9.50 an hour as part of autumn Budget
National living wage to rise to £9.50 an hour as part of autumn Budget
The chancellor, Rishi Sunak, will increase the minimum hourly pay for over-22s (Picture: Getty)
The government is set to raise the national living wage to £9.50 an hour as part of the Autumn budget.
The new threshold, which dictates the minimum wage for all those aged 23 and over, marks a 6.6% rise on the previous level of £8.91 – and the third-biggest hike since the 2008 financial crisis.
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