Rachel Reeves will announce a minimum wage increase | UK BUDGET
In a further budget blow to businesses, Rachel Reeves is expected to announce a minimum wage increase that would surpass inflation. Chancellor will announce a'significant' increase in what will be called the 'new living wage' in Wednesday's budget, according to government sources. The action, which coincides with a proposed hike in employers' national insurance, will exacerbate concerns that the budget may cause businesses to postpone or even...