John Healey to announce inflation-busting minimum wage rise

A report says Chancellor John Healey is expected to announce a minimum-wage increase at the Budget, with the national living wage potentially rising to £13.20.

• City A.M. reports that Healey is expected to raise the minimum wage by 3.9 per cent at the Budget.· 1 source
• The reported national living wage increase is from £12.71 to £13.20 for workers aged 21 and over.· 1 source
• The report says the national minimum wage for younger workers would rise from £10.85 to £11.27, also by 3.9 per cent.· 1 source