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The announcement comes ahead of the chancellor’s autumn statement tomorrow
The national living wage applies to all workers aged 23 and over, and is a higher rate than the minimum wage which applies to people under the age of 23.
Pound to Euro Rate Outlook, News: GBP/EUR Fluctuates amid Cheery Trade
Latest data from the Resolution Foundation suggests that workers aged 23 and over will have to be paid an hourly rate of at least £11.46 hourly rate from next year