Minimum Wage 2024 Uk Increase 2024

Minimum Wage 2024 Uk Increase 2024. Chancellor jeremy hunt confirmed that the national living wage will see an increase starting from next april. When we made our recommendations in october, bank of england forecasts suggested that inflation would.


Minimum Wage 2024 Uk Increase 2024

The national living wage, basically the minimum wage for people aged 21 and above, is to increase to £11.44, a rise of £1.02, starting april 2024. On april 1 2024, the uk’s national minimum wage rose to £11.44 per hour, an increase of 9.8% from the 2023 rate ( £10.42 ).

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