Chancellor signals potential further increase to national living wage

The government is consulting on a further increase to the national living wage – potentially to two-thirds of median earnings – in a move experts have said would raise concerns about productivity and affordability for businesses. Speaking to BBC Radio 4’s Today Programme, chancellor Philip Hammond said the national living wage had achieved its original goal of significantly reducing low pay, and the government would now consult on “where to go next” in relation to further increases.
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