A 59p RISE in the hourly minimum wage has been dismissed as "underwhelming" ahead Wednesday's budget.
Tory Chancellor Rishi Sunak has confirmed that the so-called National Living Wage is to increase from £8.91 an hour to £9.50 next year for those aged over 23.
The 59p hourly boost will mean a full-time worker on the living wage will get a pay rise of more than £1000 per year.
The 6.6 per cent hike is more than twice the current consumer price inflation rate of 3.1 per cent.
For those aged 21 and 22, the minimum wage will rise from £8.36 an hour to £9.18, while the figure for apprentices will go from £4.30 to £4.81 per hour.
Sunak used the pre-Budget announcement to boast that the Tory Government was on the side of working people”.
The Chancellor said: "This wage boost ensures we're making work pay and keeps us on track to meet our target to end low pay by the end of this Parliament.
This story is from the October 26, 2021 edition of Daily Record.
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This story is from the October 26, 2021 edition of Daily Record.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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