George Osborne has announced plans to create a National Living Wage, replacing the minimum wage for workers aged over 25 from next April.
The announcement, which should boost the wages of six million people, was part of wider moves in the budget to cut benefits for low paid workers but increasing the amount businesses pay them.
The National Living Wage will start at £7.20 and rise to £9 per hour by 2020, replacing the minimum wage, which starts at £6.50.
Working-age benefits are to be frozen for four years - including tax credits and local housing allowance, but excluding maternity pay and disability benefits
