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- The Know Daily - Monday 2 October 2023
The Know Daily - Monday 2 October 2023
š The national living wage is rising, the Sycamore Gap latest + a Live Aid musical.
Read in 5m 30s ā Listening to Feid
š 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.
𦷠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.
𦩠From food mixers to inflatable flamingos: John Lewisā latest retail report has identified what it defines as āproducts of the decadeā.
The winners of the worldās 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 āOur world is beautifulā, a browse through the selection is guaranteed to brighten your Monday morning!
š 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 doesnāt arrive on time for interviews or accept a job that theyāre offered) from claiming benefits.
Hunt is expected to tell the conference that it is a āfundamental matter of fairnessā. āThose who wonāt 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 ātougher rhetoricā on benefits claimants ahead of the election as they believe it could be a ādividing lineā with Labour, said The Guardian.
What else is going on?
Taxes are expected to be a key flashpoint at this yearās conference, as the government is āunder 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 āvirtually impossibleā in the current climate.
šāāļø 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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