Carers face income cut under new increased minimum wage

A new minimum wage has come into force this month, with the hourly rate going from £6.31 to £6.50.

It might sound like good news, but the reality is more complicated.

If you care for a friend or relative and also work part-time, the increase could cost you more than £60 per week.

Moneybox presenter Paul Lewis explained the catch to BBC Breakfast presenters Naga Munchetty and Charlie Stayt.