How much will the minimum wage rise by?

Quick Summary:

Ministers have announced bigger-than-expected increases to the National Minimum Wage and National Living Wage.

When were the National Minimum Wage and National Living Wage introduced?

For 18, 19 and 20-year-olds, the National Minimum Wage is £8.60, but will go up to £10 an hour in April 2025.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Government Living April External Hour National Workers Minimum Wage Increase Rate

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 18:00:32 (3 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.co.uk

Language: English

Article Length: 891 words

Reading Time: 5 minutes read

Sentences: 50 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23364072

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 3 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #43

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