Britain’s finance minister to announce higher minimum wage ...Middle East

News by : (Daily Sun) -
MANCHESTER: British finance minister Jeremy Hunt on Monday will announce a rise in the minimum wage in his annual Conservative party conference speech, where he is expected to ignore a growing clamour for tax cuts within his party.The extracts of the speech released by the party made no reference to taxes after Conservative lawmakers and even senior minister Michael Gove have called for tax cuts ahead of an election expected next year.On Saturday Hunt ruled out near-term tax cuts ahead of a mid-year fiscal statement due on Nov 22, and he has supported Prime Minister Rishi Sunak’s goal to halve inflation, rather than lower taxes, this year.In the meantime, average weekly earnings have risen s

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