UK wages surpass inflation for first time in almost two years
UK wages are outstripping inflation for the first time in nearly two years, according to the latest figures from the Office for National Statistics (ONS).
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UK wages are outstripping inflation for the first time in nearly two years, according to the latest figures from the Office for National Statistics (ONS).
Britain's minimum wage will be raised to £11 (€12.67) per hour, Finance Minister Jeremy Hunt will confirm on Monday at the Conservative Party's annual conference.
The minimum wage - known as the National Living Wage - is expected to receive a boost as the chancellor prepares to address the Conservative Party conference in Manchester.
More than three in twenty grassroots music venues have closed across the UK in the last year, according to an industry body - as venues in Manchester plead with the government for more help.
The future of the high-speed HS2 rail link to Manchester is hanging in the balance, as Prime Minister Rishi Sunak and Chancellor Jeremy Hunt reportedly assess whether it's worth the money.
The Chancellor today pledged that the government will "spend what it takes" to make schools safe after classrooms were forced to close just before the new term amid concerns about dangerous crumbling concrete.
There is a glimmer of hope in the cost of living crisis following the announcement of new inflation figures. The Office for National Statistics (ONS) says inflation has fallen from 7.9% in June to 6.8% in July, in new figures released this morning (August 16).
While food prices have gone up across the board over the last 18 months, one supermarket has consistently been the cheapest on essentials since January.