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(Reuters) - King Digital Entertainment Plc, the maker of hit mobile phone game Candy Crush Saga, expects to be worth up to $7.6 billion when it goes public this month as the Irish company looks to take advantage of strong demand for technology investments. The successful IPO of Twitter Inc in November and a surge in Facebook Inc's share price have fueled speculation that a string of technology firms could come to market, including music-sharing service Spotify, lodging service AirBnB and payments company Square. King should also get a boost in its U.S. initial public offering from a surge in shares of digital coupon company Coupons.com Inc after it went public on Friday. The Dublin-based company will sell 15.5 million shares in the offering, while stockholders, including Apax Ventures, will sell 6.7 million shares, the company said in a filing with the U.S. Securities and Exchange Commission on Wednesday.
Britain's minimum wage is likely to rise faster than inflation for several years to come, so long as the economy continues to improve, the body which advises Britain's government on the topic said on Wednesday. Earlier in the day the government agreed to the Low Pay Commission's recommendation for a 3 percent increase in Britain's minimum wage this year to 6.50 pounds ($10.80), which will be the first above-inflation increase since 2008. "Provided the economy continues to improve we expect to recommend further progressive real increases in the minimum wage, so that 2014 will mark the start of a new phase of bigger increases," said David Norgrove, who chairs the commission. Finance minister George Osborne said in January that he would like to see the minimum wage rise faster than inflation, after several years in which Britons' living standards have fallen in real terms.