Millions of workers across the UK are set to receive a significant pay boost next year, as Chancellor Rachel Reeves announces an increase in the National Living Wage and National Minimum Wage. From April 2025, the National Living Wage will rise by 6.7 per cent to £12.21 per hour, benefiting over three million workers. This increase, worth £1,400 a year for an eligible full-time worker, marks a substantial step towards delivering on the Government’s promise of a genuine living wage. National Minimum Wage for 18 to 20-year-olds will also see a record-breaking increase, rising from £8.60 to £10.0…