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Millions of workers across the UK will see a rise in wages next year as Chancellor Rachel Reeves announces an increase in the National Living Wage, boosting it by 6.7% from April 2025. This change lifts the National Living Wage from £11.44 to £12.21 per hour, providing a £1,400 annual increase for a full-time worker and moving the Government closer to its commitment of establishing a “genuine living wage” for UK workers. The announcement also revealed a record increase in the National Minimum Wage for 18 to 20-year-olds, rising from £8.60 to £10.00 an hour. This £1.40 increase is set…