Chancellor Rachel Reeves says increasing the national minimum wage "puts more money in the pockets of working people" and is "the right thing to do by some of the poorest people in our country". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
00:00If you go out to work every day, you should be able to pay the bills and put food on the table and pay the rent or the mortgage.
00:07But we know that that's still not the reality for many people today.
00:10And we're still not paying the minimum wage and the national living wage is still not the rates of a real living wage that is calculated independently.
00:21So I think it's the right thing to do to increase those rates to put more money in people's pockets.
00:27And actually the biggest concern I think for businesses is that consumers don't have enough money in their pockets.
00:34And so they're not spending on the discretionary things, whether that's a meal out, a night out, a weekend away with the family, or spending in the local high street and the local shops.
00:45So putting more money in the pockets of working people I think is good economic policy as well as the right thing to do by some of the poorest people in our country.
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