The government's announced the introduction of a National Living Wage.

Tanaiste Leo Varadkar says it will be set at 60 per cent of hourly median wages.

He says it is in line with the recommendations of the Low Pay Commission and introduced over a four year period.

It'll replace the National Minimum Wage in 2026, which until then will be increased gradually, starting in January.

Tanaiste Leo Varadkar's acknowledged the concern of businesses over the potential cost

However, he insists the plan can be amended if there is a change in the fortunes of the economy.




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