2,600 working people in Pembrokeshire will see a pay boost as the Chancellor has announced a 6.7% increase to the National Living Wage.
The pay increase is worth £1,400 a year for an eligible full-time worker - a significant move towards delivering a genuine living wage.
The National Minimum Wage for 18 to 20-year-olds will also rise from £8.60 to £10.00 an hour – the largest increase in the rate on record.
This £1.40 increase will mean full-time younger workers eligible for the rate will see their pay boosted by £2,500 next year. This marks the first step towards aligning the National Minimum Wage and National Living Wage to create a single adult wage rate, which would take place over time.
Henry Tufnell, MP for Mid and South Pembrokeshire, said: “This pay increase is especially meaningful for communities like mine in Pembrokeshire, where it will help thousands of struggling households.
“The rise reflects the Government’s focus on ensuring that hard-working people receive an income that helps them manage daily expenses, and it will also help to strengthen local economies.”
Chancellor of the Exchequer Rachel Reeves said: “This Government promised a genuine living wage for working people.”