Minimum Wage 2024 Increase Uk

Minimum Wage 2024 Increase Uk. Over 3 million workers will receive a. Britain's minimum wage will increase by 9.8% to 11.44 pounds ($14.26) an hour from april 2024, making it one of the highest as a share of average earnings of any advanced.

The highest minimum wage, called the national living wage, applies to any worker aged 23 and over, and is set at £10.42 for the current financial year (april 2023 to march 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.