Increase to £9.61 would lift millions of workers out of low pay trap
Philip Hammond is seriously considering a major increase to the minimum wage as he seeks to secure a legacy of ending low pay, it has emerged.
Several sources familiar with the chancellor’s thinking told the Observer they believed he was pushing to look at the “ambitious end” of what would be possible without damaging Britain’s employment levels, suggesting he is contemplating going further than any developed nation.
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