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Minimum wage to rise to £7.50 from April

Chancellor Philip Hammond will announce an increase in the minimum wage for workers aged 25 and over to £7.50 an hour from April, up from the current £7.20, later today.

Hammond is to reveal the new government’s economic policies in the Autumn Statement at 12.30pm.

His predecessor, George Osborne, introduced the higher minimum wage rate for over 25s last year and said it will rise to £9 per hour by 2020.

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