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  • The Know Daily - Monday 2 October 2023

The Know Daily - Monday 2 October 2023

šŸ“ˆ The national living wage is rising, the Sycamore Gap latest + a Live Aid musical.

Read in 5m 30s āˆ™ Listening to Feid

šŸ“ Conservative conference latest: The national living wage is set to rise to at least Ā£11 an hour from next April, up from Ā£10.42.

🦷 Brace yourself: Scientists have developed a first-of-its-kind drug that stimulates the growth of new teeth - and it could be on the market by 2030.

🦩 From food mixers to inflatable flamingos: John Lewis’ latest retail report has identified what it defines as ā€œproducts of the decadeā€.

The winners of the world’s largest annual photography competition - which received more than 500,000 entries - have been announced. Given that the 10 winning shots all celebrate the theme of ā€œOur world is beautifulā€, a browse through the selection is guaranteed to brighten your Monday morning!

šŸ“ Conservative conference latest

The national living wage will rise to at least £11 an hour from next April, Chancellor Jeremy Hunt is set to confirm today.

Tell me more.
Hunt will announce the increase in his speech at the Conservative Party conference in Manchester. The national living wage - the lowest amount that workers aged 23+ can be paid by law - currently stands at £10.42.

What else will he say?
In his speech, the chancellor will unveil plans for tougher benefits sanctions for people who do not take steps to find work. This could include introducing measures to stop those who are persistently sanctioned (in other words, if someone doesn’t arrive on time for interviews or accept a job that they’re offered) from claiming benefits.

Hunt is expected to tell the conference that it is a ā€œfundamental matter of fairnessā€. ā€œThose who won’t even look for work do not deserve the same benefits as people trying hard to do the right thing,ā€ he will say.

The Conservatives appear to be using ā€œtougher rhetoricā€ on benefits claimants ahead of the election as they believe it could be a ā€œdividing lineā€ with Labour, said The Guardian.

What else is going on?
Taxes are expected to be a key flashpoint at this year’s conference, as the government is ā€œunder pressureā€ from some within its own party to cut taxes, said the BBC.

Former PM Liz Truss will reportedly use a speech later today to urge the government to cut corporation taxes for businesses, to help grow the economy - but the chancellor has previously said that tax cuts are ā€œvirtually impossibleā€ in the current climate.

šŸ™‹ā€ā™€ļø TRIVIA TIME

A new study has found that you can extend the shelf life of homemade cakes by doing what?

A) Adding coffee grounds to the mixture
B) Using duck eggs rather than chicken eggs
C) Sprinkling risotto rice in with the flour

Scroll to the bottom for the answer.

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