The new National Living Wage rates increase from £8.72 an hour to £8.91 an hour from this Thursday, 1st April 2021. This rate applies for the first time to those 23 and over, rather than 25 and over previously. The rates also increase for: 21 and 22 years old to £8.36 an hour – previously
The National Living Wage will increase from next year, April 2021, to £8.91 per hour from £8.72 currently. This is a 2.2% increase. The age bracket for the full National Living Wage is reduced for the first time to include 23 and 24 year olds. The increases in full are: Age 25 and over: currently
National Living Wage As well as there being an increase applied, the Government has set out what is called its “ambitious plan” to have the National Living Wage at two thirds (66%) of the median earnings rather than 60% as now. They also intend to extend the National Living Wage to workers aged 21 and
The National Living Wage will increase by 6.2% in what the Government has said is the “biggest cash increase ever”. The increase is four times the current rate of inflation. From April 2020 the revised rates will be: The National Living Wage for anyone aged 25 and over – £8.72 per hour – a rise
The government has announced plans to increase the National Living Wage (NLW) to 66% of median earnings over the next 5 years. In a speech at the Conservative party conference the Chancellor, Sajid Javid, said this would see the NLW rise to £10.50 an hour by 2024. He also said that the NLW, which is
