UK Treasury chief says minimum wage up but rules out tax cuts, inflation stays high

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UK Treasury chief says minimum wage up but rules out tax cuts, inflation stays high
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Britain’s Treasury chief is announcing a hike in the national minimum wage

British Prime Minister Rishi Sunak, center, visits the Burnley Boys and Girls Club, on the opening day of the Conservative party conference, in Manchester, England, Sunday, Oct. 1, 2023. Sunak heads to the governing Conservative Party’s annual conference on Sunday facing a triple challenge: Cheer up a party that’s trailing in opinion polls, sideline rivals who are eyeing his job and persuade the voting public that a party in power for 13 years deserves another term in office.

The party is trying to sprinkle voter-pleasing measures such as the pay increase at the conference, which may be the last before a national Prime Minister Rishi Sunak, who took office just under a year ago, is facing grumbling – and even open rebellion – from some Conservative members and lawmakers. In recent weeks, Sunak has sought to take the initiative with a clutch of measures depicted as easing the economic burden on taxpayers. He has delayed a ban on selling new gas and diesel cars and watered down other green measures that he said imposed “unacceptable costs” on ordinary people.

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