Minimum wage set to rise to £12.21 an hour for over 21’s | Budget 2024
Chancellor Rachel Reeves pronounces pay rise for over 3 million employees subsequent yr, as National Living Wage rises by 6.7%.
The minimal wage for these aged 21 years and over is about to rise from £11.44 to £12.21 an hour from April 2025.
For these aged 18 to twenty, the nationwide minimal wage will rise by £1.40 to £10.00 an hour, the biggest improve on document, and marks first step in the direction of a single grownup charge.
Read extra: https://news.sky.com/story/minimum-wage-for-over-21s-to-increase-by-6-7-with-younger-workers-to-get-16-pay-boost-13244060
#budget2024 #minimumwage #rachelreeves
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