Workers in Wales set to benefit from Labour’s plans to the raise minimum wage

Up to 130,000 workers in Wales will benefit from the UK Labour Government’s plans to raise the minimum wage, as ministers introduced changes to the law which could be worth £1,400 a year for an eligible full-time worker aged 21 and over.

Nationally, the Party estimates that more than 3 million workers will benefit from the increase. Labour research also reveals that for those aged 18-20, the increase could be worth up to £2,000 after tax, as the government works to narrow the gap between age bands.

In Wales, it’s estimated that 11.1% of workers will benefit from the rise, due to come into effect from April of this year.

After 14 years of Tory government, the average worker is around £700 worse off than they were in 2010. Labour’s Plan for Change is raising living standards, so that working people have money in their pockets. This change will come into effect from April when workers on the minimum wage will see the rise boost their pay packet.

It comes after the Chancellor, Rachel Reeves, announced measures last week to drive forward the Labour Government’s plan to boost Britain’s economic growth and make people across the country better off – including by committing to an Investment Zone in Flintshire and Wrexham which could generate £1 billion of investment and up to 6,000 jobs in the next ten years.

 

Angela Rayner MP, Deputy Prime Minister and Secretary of State for Housing Communities and Local Government said:

“We are acting to give millions of lower paid workers the pay-rise they deserve.” 

“Labour promised to Make Work Pay and improve living standards in every part of the country, and we are doing exactly that.” 

 

Jonathan Reynolds MP, Secretary of State for Business and Trade, said: 

“This is the change people voted for: putting more money in millions of people’s pockets, alongside the biggest upgrade to workers’ rights in a generation.  

“It’s Labour’s Plan for Change in action, and we will go further by kickstarting economic growth, to make everyone across the county better off.” 


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