By Tim Stickings For Mailonline
Published: 08:36 BST, 5 May 2019 | Updated: 08:36 BST, 5 May 2019
View
comments
Philip Hammond could make the UK's minimum wage the highest in the world by raising it to £9.61 per hour, it has been claimed.
Under the Chancellor's plans the rate would be increased to 66 per cent of median earnings - an international definition of 'low pay'.
Mr Hammond is considering the move as he hopes to build a legacy of tackling low wages, sources told the Observer.
At current rates the National Living Wage is not expected to pass £9.50 until 2024 at the earliest.
Chancellor Philip Hammond (pictured) could make the UK's minimum wage the highest in the world by raising it to £9.61 per hour, it has been claimed
Labour market expert Mark Graham said: