Tory Budget: Chancellor confirms minimum wage and public sector pay set to rise

Chancellor Rishi Sunak has confirmed the minimum wage will increase and public sector workers will also get a pay rise

The Chancellor has delivered the Treasury budget to the House of Commons earlier today (October 27). Rishi Sunak confirmed an end to the pay freeze and a rise in minimum wage - but Labour say the increases aren't enough.

Tories confirms nurses, teachers and members of the armed forces will benefit from a public sector pay rise

Chancellor Rishi Sunak has confirmed a public sector pay rise that will benefit many of Britain's key workers including nurses, teachers, police and prison officers. Confirming an end to the public sector pay freeze, he said: "The economic impact and uncertainty of the virus meant we had to take the difficult decision to pause public sector pay. Chancellor Rishi Sunak also unveiled a cut to the Universal Credit Taper, which he claimed would save two million families £1,000 per year. Those on Universal Credit will have their state support cut dependent on the number of hours worked. Sunak will reduce the rate from 63 per cent to 55 per cent, which could provide a desperately needed boost for low income households.