Britain to announce rise in its minimum wage to 9.50 pounds per hour

UK currencyUK coinsPixabay
UK currency-UK coins/Pixabay

The US News reported according to Reuters, the finance ministry said on Monday that Britain will announce a rise in its minimum wage for those aged 23 and over to 9.50 pounds ($13.06) from 8.91 pounds in the government’s budget statement on Wednesday.

Finance minister Rishi Sunak said in a statement ahead of his annual budget presentation on Wednesday: “This wage boost ensures we’re making work pay and keeps us on track to meet our target to end low pay by the end of this Parliament.”

UK-Newcastle-Upon Tyne/Pixabay

The increase in the minimum wage is due to take effect in April 2022.

Read more: London expands polluting cars levy to improve air quality

The finance ministry said, rates for people aged under 23, who are paid a lower minimum wage, are also due to rise.

Source: usnews