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10/25, 12:41 AM (Source: TeleTrader)
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UK's Sunak to raise minimum wage - report

United Kingdom Chancellor of the Exchequer Rishi Sunak will propose raising the minimum wage in the country from £8.91 to £9.50, several British media outlets reported citing sources close to the matter.

According to the reports, Sunak will also unfreeze public sector pay, reversing measures introduced last year as a result of the COVID-19 pandemic.

The chancellor is set to announce the plans when he presents his annual budget on Wednesday.

Breaking the News / NP