Brits set to benefit from biggest pay rise in 10 years

If Valentine’s Day or the prospect of lent have left you feeling a little deflated, then this good news might lift your spirits.

British workers are set to receive their biggest pay rises since 2008 this year.

According to a Bank of England survey, the increases are a result of the higher minimum wage, inflation and reluctance from European workers to work in Britain.

Britain’s minimum wage for those aged 25 and over is due to rise by 4.4% in April to £7.83 an hour, while pay for some younger workers will rise by over five per cent.