More than a million UK workers could be handed a pay rise of more than 6 per cent when Rachel Reeves delivers her first Budget on Wednesday.
Reports suggest the chancellor could be set to announce a significant increase to the minimum wage from next year, following recommendations from the independent Low Pay Commission.
Currently, the national minimum for those over 21 - known as the "national living wage" - is £11.44. Earlier this year, the Commission proposed an increase to £11.89. READ MORE: Four Autumn Budget tax changes expected this week and what they mean for you However, according to The Times, it could be set to rise to as much as £12.12 an hour in April next year after ministers pledged to "raise the floor" on wages, reports the Mirror.
Meanwhile, workers aged between 18 and 20, who currently earn £8.60 an hour, could see a bigger increase under government plans to scrap age brackets in favour of a single adult rate.
Read more on manchestereveningnews.co.uk