Living wage changes will mean low-paid Brits will actually be £1,324 WORSE off by 2020, claim Labour

LOW-paid workers will be nearly £1,325 worse off by 2020 because of changes to the national living wage, Labour have claimed.

Chancellor Philip Hammond shaved a few pence off the rise suggested by his predecessor.

He trimmed the 10p off the hourly rate of £7.60 which George Osborne expected to kick in from next year.

Over the four years, it will leave a full-time worker on the living wage a total of £1,324.96 worse off. Labour Treasury spokeswoman Rebecca Long-Bailey accused the Chancellor of betraying low-paid workers.

She said: “There was a real opportunity to use last week’s Autumn Statement to stand up for working people.

“But yet again the Tories are carrying on with billions of pounds worth in giveaways to a rich few, while hitting many working families on the national living wage with cuts to their incomes.

“It only further proves that only a Labour government can make an economic success of Brexit, to ensure no one and no community are left behind.”

A Treasury spokesman said: “The National Living Wage will increase wages for over a million of the lowest paid workers from April, with the average person getting an extra £1,400 a year.

“In addition, the government’s increases to the tax-free personal allowance will help workers to keep more of what they earn.”