World

UK’s Healey says minimum wage to rise by 3.9 percent

LONDON: Britain’s Finance Minister John Healey ‌said on Wednesday that the main minimum wage rate would increase by 3.9 percent. The rate paid to workers aged 21 and over, currently £12.71 an hour, and the rate payable to workers aged 18-20, now £10.85, will both rise by 3.9 percent. Some analysts and employers had blamed larger jumps in the rate for younger workers for increasing youth unemployment. The increase means the National Living Wage will increase to £13.21 an hour and the 18-20 Nation