Pay rise for millions Rachel Reeves announces in autumn budget as minimum wage to go up £1,400 a year...

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Pay rise for millions Rachel Reeves announces in autumn budget as minimum wage to go up £1,400 a year...
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LIVE: Chancellor Rachel Reeves delivers the 2024 Budget statement

In today's Budget, the Chancellor confirmed the hike which is equal to £1,400 for three million people."It had a transformative impact on the lives of working people.

National Minimum Wage and National Living Wage, the rate is not a legal requirement and is voluntary. Those who are self-employed, voluntary workers, company directors, and family members who live in the home of the employer and do household chores do not qualify for the minimum wage.RACHEL Reeves will be grilled in a special Budget edition of The Sun’s Never Mind The Ballots show today.Today is the first Labour budget for 14 years - and the first ever to be delivered by a female Chancellor.

Lawson also set off a property bonanza by announcing an end to double mortgage tax relief for couples buying homes.In March 1993 the economy was still reeling from Black Wednesday, when the pound crashed out of the European exchange rate mechanism.Later that year Lamont's successor Ken Clarke froze personal tax allowance and brought in stealth taxes on insurance and plane passengers.

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