UK finance minister to raise National Living Wage by 6.2% – report

Britain will increase the National Living Wage, a mandatory minimum wage, by 6.2% to 8.72 pounds ($11.44) per hour from April, finance minister Sajid Javid said in an article for The Sun newspaper on Monday.

The wage increase will deliver an additional 930 pounds a year to a full-time worker, Javid said.

($1 = 0.7624 pounds)
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