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Additionally, the government will meet its manifesto commitment to increase the personal allowance to £12,500. Over the last Parliament, 2.4 million individuals in Scotland saw an average gain of £517, due to an increase to the personal allowance.
LIBOR fines are collected from banks who break banking rules, and are given directly to causes benefitting armed forces and emergency services charities.
The new rate will increase pay for typical minimum wage workers (26 hours) by nearly £300 per year rising to nearly £600 for full-time minimum wage workers. An increase of 4.2 per cent is, after the introduction of the National Living Wage in April, the largest increase in the main rate of the minimum wage since 2006.
Our Midlands Engine strategy will follow shortly, but I am today providing funding for the evaluation study for the Midlands Rail hub.
Through its democratic credentials, open economy and progressive human rights, Georgia is playing a vital role in the stability and security of the wider region. Georgia’s progression towards Euro-Atlantic integration, both through NATO and the EU, will only serve to build on the progress already made.
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