Living wage rates increase for 2.5 million workers, says Small Business Minister

The video discusses the increase of the living wage to £9.50, benefiting millions in the UK. It emphasizes the importance of supporting low-paid workers during the pandemic recovery. The national minimum wage, living wage, and apprenticeship pay increases are highlighted as key measures. Additional economic measures, such as the energy price cap and council tax rebate, are also discussed. The government has implemented various support initiatives to help families through economic challenges.

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