Major change to UK minimum wage in Labour cost of living shake-up

Cost Of Living News

Major change to UK minimum wage in Labour cost of living shake-up
Your MoneyEmployment
  • 📰 MENnewsdesk
  • ⏱ Reading Time:
  • 33 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 69%

The new Government is set to announce a major shakeup of the Minimum Wage

Ministers are poised to reform the way the Minimum Wage is set, ensuring it keeps pace with rising living costs.

READ MORE: Andy Burnham says people 'rushed to judgement' on Greater Manchester Police incident at Manchester Airport as new footage emerges Reynolds assured: "Our focus remains on putting more money in working people's pockets and boosting economic growth."Deputy Prime Minister Angela Rayner commented: "For too many putting in a serious shift, work isn't paying enough to cover the basics.

Mr Reynolds will also instruct the LPC to narrow the gap between the minimum wage rate for 18–20-year-olds and the National Living Wage as a "first step" towards removing the lower rate for younger staff.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MENnewsdesk /  🏆 23. in UK

Your Money Employment

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Labour's house of cards is falling down': Vaughan Gething’s Welsh Labour government 'collapsing' as...'Labour's house of cards is falling down': Vaughan Gething’s Welsh Labour government 'collapsing' as...Vaughan Gething’s Labour Welsh Government is collapsing around him.
Read more »

Major change to UK minimum wage under Labour GovernmentMajor change to UK minimum wage under Labour GovernmentLabour's Business Secretary is set to announce a minimum wage shakeup
Read more »

Labour win ‘down to Keir Starmer changing the Labour Party fundamentally’, says Liz KendallLabour win ‘down to Keir Starmer changing the Labour Party fundamentally’, says Liz KendallWe spoke to Labour frontbencher Liz Kendall and asked how it feels to be in power after so long.
Read more »

Minimum wage set for major change under Labour as living costs soar in UKMinimum wage set for major change under Labour as living costs soar in UKThe Low Pay Commission will be asked to take the cost of living into account when making their recommendations under the plans due to be announced by the Government
Read more »

Major city centre project at the heart of Labour's plansMajor city centre project at the heart of Labour's plansCentral Docks is Liverpool's largest brownfield site
Read more »

Anas Sarwar and Scottish Labour now face major challengesTHERE is more than one way of looking at the outcome from Thursday’s vote. Yes, it’s a reality check and harsh wake-up call to Scottish National…
Read more »



Render Time: 2025-02-12 07:02:42