Today Hunt will announce that the living wage, the minimum wage for workers over 23 years old, will rise to at least £11 an hour from £10.42. — Reuters picMANCHESTER, Oct 2 — British finance minister Jeremy Hunt today will announce a rise in the minimum wage in his annual Conservative party conference speech, where he is expected to ignore a growing clamour for tax cuts within his party.
On Saturday Hunt ruled out near-term tax cuts ahead of a mid-year fiscal statement due on November 22, and he has supported Prime Minister Rishi Sunak’s goal to halve inflation, rather than lower taxes, this year. Today Hunt will announce that the living wage, the minimum wage for workers over 23 years old, will rise to at least £11 an hour from £10.42.
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