The Chancellor’s autumn Budget will see thousands of workers across the county receive a pay rise next year. Chancellor Rachel Reeves revealed the Government’s historic Autumn Budget on Wednesday which included a rise in national wages in April. This is the first budget from a Labour government in 14 years and in it the Chancellor covered everything from pensions to fuel duty.
Chancellor Rachel Reeves delivering the autumn Budget speech (Image: House of Commons/UK Parliament/PA Wire) One of the main decisions unveiled was the National Living Wage for people aged 21 or older will rise by 6.7 per cent from £11.44 an hour to £12.
21 from next April. In addition, the National Minimum Wage will rise for people aged between 18 and 20-years old, from £8.60 to £10.
Apprentices will also get a pay bump, with hourly pay increasing from £6.40 to £7.55.
Ms Reeves said: “I know that for working people up and down our country, family finances are stretched and pay checks don’t go as far as they used to. “For the first time, we will move towards a single adult rate, phased in over time, by initially increasing the National Minimum Wage for 18–20-year-olds by 16.3 per cent as recommended by the Low Pay Commission, taking it to £10 an hour.
” National Living Wage for people aged 21 or older will rise by 6.7 per cent (Image: Joe Giddens/PA Wire) Accounting firm GoForma looked at the Office of National Statistics wage data and deduced how many full-time workers in the county .
