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The Independent UK
The Independent UK
Business
Howard Mustoe

RARE PHOTOS: Reeves goes after employers with young workers the clear winners | Rare Historical Photos

Chancellor Rachel Reeves outside 11 Downing Street with her ministerial red box before delivering her Budget in the Houses of Parliament (Lucy North/PA) - (PA Wire)

Chancellor Rachel Reeves took aim at employers in her first budget, hitting them with higher taxes and raising the minimum wage, leaving young workers as the clear winners.

The minimum wage for 18 to 20-year-olds will rise 16 per cent to £10 as part of a plan to equalise the rate with older earners, while the national living wage got a 6.7 per cent top-up to £12.21 an hour.

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