ITV News Deputy Political Editor Chris Ship has tweeted:
Given we are still waiting on Low Pay Commission for its recommendation on Minimum Wage - Osborne's words mean nothing. Positioning. Is all
Is Low Pay Commission's job to advise on how far Min Wage can rise without affecting employment. Due mid-Feb. Osborne trying to get credit
The Chancellor has said he is in favour of a rise in the minimum wage above the rate of inflation in an apparent turnaround.
Chancellor George Osborne has said that the country can afford an above-inflation increase in the national minimum wage ahead of elections.