: The U.K. is increasing the minimum wage. How does it compare with the U.S. and rest of the world?

Chancellor Rishi Sunak has set out his spending review, warning the economy will contract by 11.3% — the largest drop in more than three centuries.

Chancellor Rishi Sunak has set out his spending review, warning the economy will contract by 11.3% — the largest drop in more than three centuries.