What is the new minimum wage rate and when will it take effect?

What is the new minimum wage rate and when will it take effect?

Those on minimum wage are set to benefit (Picture: PA)
Millions of workers will get a boost in their earnings as the chancellor, Rishi Sunak, is set to increase the minimum hourly pay for over-23s.
The rise was confirmed as part of the Autumn Budget announcement on Wednesday.
But how much is the pay bump, and how does the national minimum wage differ from the national living wage?
Here is all you…

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