Jeremy Corbyn is expected to announce a “real living wage” for those aged over 18

Labour will raise the legal minimum wage to £10 an hour by 2020, Jeremy Corbyn will announce today in a move that could put further pressure on the social care and hospitality industries.

The Labour leader will pledge a “real living wage” for every employee over 18 if he is elected, in an attempt to outflank the government’s national living wage announced two years ago by George Osborne.

The former chancellor said in his 2015 budget speech that the national living wage would be brought up to £9 an hour by 2020. This would only apply to the over-25s, with a lower national minimum wage for younger workers.

Labour, as well as raising the legal minimum to £10 an hour, plans to abolish the lower