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UK wage rise: Minimum pay raised for 2.7 million workers from April; businesses warn of higher cost pressures - The Times of India
Summary by Times of India
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'Chancellor has made the wrong choices' - Salisbury's response to Autumn Budget
The highlights are the announcement of the rise in the minimum wage, basic and new state pension payments to go up by 4.8 per cent from April, higher taxes for landlords, and a new mileage-based tax for electric vehicles.
UK wage rise: Minimum pay raised for 2.7 million workers from April; businesses warn of higher cost pressures - The Times of India
Millions of UK workers will see their pay rise from April with new minimum wage rates confirmed. Over-21s will earn £12.71 per hour, while younger workers and apprentices also receive significant increases. Chancellor Rachel Reeves highlighted the move as crucial for those on low incomes, though businesses warn of rising costs and potential inflation.
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