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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.

In the meantime, the government will take action now to reduce the difference between the treatment of cash earnings and benefits.

I strongly welcome the Chancellor’s Autumn Statement today which takes forward this government’s commitment to build an economy that works for everyone, in Northern Ireland and the whole of our United Kingdom.

The Prime Minister has been clear that during negotiations she wants to protect the status of EU nationals already living here, and the only circumstances in which that wouldn’t be possible is if UK citizens’ rights in European member states were not protected in return.

By freezing fuel duty for the seventh year running, the UK government will help save the average driver in Wales up to £10 every time they fill up their car. The National Living Wage is increasing from £7.20 to £7.50.