Three million workers set to get £1,400 pay rise in days after Spring Statement

Chancellor Ms Reeves has confirmed the Labour Party Government is hiking the National Living Wage by 6.7% from next Tuesday (April 1).

Three million workers are set to get a £1,400 a year pay rise in days, Rachel Reeves has today confirmed in Spring Statement. Chancellor Ms Reeves has confirmed the Labour Party Government is hiking the National Living Wage by 6.7% from next Tuesday (April 1).

Ms Reeves said three million people will get the pay boost from next week. She told the Commons during her Spring Statement address: "Restoring stability to our public finances… giving the Bank of England the foundation to cut interest rates… three times since the General Election.

"Rebuilding our public services… with record investment in our NHS …bringing waiting lists down for five months in a row. And increasing the National Living Wage… to give 3 million people a pay rise from next week."

READ MORE Six medical conditions which knock UK households' council tax bills to £0

She told the Commons: "Now let me be clear. There is nothing progressive, there is nothing Labour, about working people paying the price of economic irresponsibility.

"The British people put their trust in this Government because they knew that we would never take risks with the public finances, that we would never do anything to put their household finances in danger. But we must earn that trust every single day."

She told the Commons: "The responsible choice is to reduce our levels of debt and borrowing in the years ahead so we can spend more on the priorities of working people.

"I said that our fiscal rules were non-negotiable and I meant it. I will always deliver economic stability and I will always put working people first. I said it at the election, I said it at the budget and I say it again today."

Ms Reeves said: "It was the Labour government that introduced the National Minimum wage in 1999. It had a transformative impact on the lives of working people. As promised in our manifesto, we asked the Low Pay Commission to take account of the cost of living for the first time.

"I can confirm that we will accept the Low Pay Commission recommendation to increase the National Living Wage by 6.7% to £12.21 an hour."