Sayid Javid has announced plans to raise the National Living Wage from its current rate of £8.21 to £10.50 inside five years. Speaking at the Conservative Party Conference, the chancellor also revealed plans to lower the age threshold in order for employees to qualify for the NLW from 25 to 21, saying the move would “help the next generation of go-getters to get ahead”. But UKHospitality CEO Kate Nicholls said the announcement ”threatens a double whammy