It has been reported that the Chancellor, Philip Hammond is considering raising the National Living Wage to 66% of median earnings, the level at which the Organisation for Economic Co-operation and Development defines as low pay.  

If accepted, this increase would equate to a National Living Wage of £9.61 per hour - an increase of over a pound from the rate expected to come into force in April 2020 of around £8.60 an hour. 

A rate of £9.61 per hour would be the world's highest minimum rate of pay according to the Guardian newspaper.

The National Living Wage is paid to workers aged 25 or over and is currently £8.21 per hour.