The TUC has called for more employers to pay the Living Wage so that millions of workers can benefit from the initiative.
It was announced this morning that the new rate of Living Wage is £8.55 an hour in London and £7.45 elsewhere - both rates having been increased by 25p.
We commend those employers who have already signed up to it.
However, it is essential that more companies follow suit. We want millions to benefit from a living wage, not thousands. It is simply not good enough for large companies to plead poverty at a time when their cash reserves are increasing.
More top news
The chancellor now faces the prospect of forming a minority government or calling for a snap election.
The 73-year-old said a return is unlikely "given the politicised atmosphere that seems to have afflicted our set."
Chancellor Philip Hammond said the UK will make a financial proposal to the EU in the next three-and-a-half weeks.