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Targeted at poorest households. now, you ve probably noticed your money isn t going as far as it used to, but millions of people could be set to get a pay rise as the minimum wage for people aged over 23 goes up by 90p, to £10.40 per hour. that s slightly below the increase in the cost of living, and there are also questions about pay rises for public sector workers such as nurses and teachers. pensioners, though, are expected to see their payments go up in line with inflation as the prime minister previously promised. and as well as impacting your personal finances, today s announcement will affect the services we all use as well. the chancellor is reported to want to save around £35 billion, which could put a strain on the budgets for things like schools, the police and social care. we won t know until later this morning what decisions he s made, ....