UK announces £100 energy bill support and 3.9% minimum wage rise

The UK government will provide £100 to households to offset rising energy costs, alongside a 3.9% increase in the national minimum and living wage for 2.3 million workers. The measure signals fiscal intervention to ease cost-of-living pressures, but the scale of support may be insufficient relative to the magnitude of energy price increases. This is a domestic policy response with limited direct market impact, though it may influence inflation expectations and consumer spending.

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