Budget 2024: More than a million low-paid workers in line for pay rise with minimum wage hike

https://www.mirror.co.uk/news/politics/budget-2024-more-million-low-33986740?utm_source=reddit&utm_medium=post&utm_campaign=reddit

Posted by Derry_Amc

5 comments

  1. I’m sure this won’t be offset by anything at all…

  2. “minimum wage increases are not inflationary” – some redditor

  3. I appreciate these workers will need this. But not increasing tax threshold (fiscal drag) just squeeze everyone in the middle. Get paid more and get dragged into the 20% tax bracket. This should be coupled with an increase in the threshold you can earn before tax otherwise it’s not that helpful

  5. I’m sure this will have no negative consquences whatsoever

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