Ten Things You Need to Know Today: 15 November 2022

The Week’s daily digest of the news agenda, published at 8am

1. Sunak ‘to raise living wage’

Rishi Sunak will announce a significant rise in the national living wage and offer cost of living payments “worth up to £1,100 to eight million households”, reported The Times. The government is expected to accept an official recommendation to increase the living wage from £9.50 an hour to about £10.40 an hour — a rise of nearly 10%. However, the PM and his chancellor, Jeremy Hunt, have also drawn up plans for £33bn of spending cuts and £22bn in tax rises.

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