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UK Minimum Wages Set for 4% Rise as Healey Slows Hike for Youth
Source: Bloomberg
Economic DataRegulation & LegislationElections & Domestic Politics
UK Chancellor of the Exchequer John Healey is poised to raise the national living wage by about 4%, but the increase will not close the pay gap with younger workers. The report cites growing concern about youth unemployment; it gives no timing or further details.
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