Hunt to Announce Minimum Wage Increase to £11 per Hour, Resists Tax Cut Demands
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British finance minister Jeremy Hunt will announce a rise in the minimum wage in his Conservative party conference speech.
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The minimum wage for workers over 23 years old, known as the living wage, will rise to at least £11 per hour from £10.42.
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Hunt's speech will ignore growing calls within his party for tax cuts ahead of the mid-year fiscal statement on November 22nd.
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Hunt has supported PM Rishi Sunak's goal to halve inflation over tax cuts this year.
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Former PM Liz Truss will pressure the government to lower taxes in her expected only intervention at the conference this year.