00:00At the election, we promised a genuine living wage and we are delivering it.
00:05At the budget last year, I increased the national minimum wage and the national living wage,
00:10and I am doing the same this year too.
00:14Accepting the recommendations of the Low Pay Commission in full
00:17and increasing the minimum wage for 18 to 20 year olds from £10 to £10.85 an hour
00:24and increasing the living wage from £12.21 to £12.71 an hour.
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