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New National Minimum Wage rates announced for 2024/2025 in the UK

28 November 2023 | Applicable law: England and Wales | 1 minute read

The Government has accepted the Low Pay Commission's recommendations for the rates of the National Living Wage (NLW) and the National Minimum Wage that will apply from April 2024 and which represent the largest ever increase in cash terms. 

A key change is the lowering of the threshold for the NLW to 21 (it is currently only payable from the age of 23). 

As regards the rates themselves, from 1 April 2024 there will be:

  • a 9.8 per cent increase to the NLW for those aged 21 and over (from £10.42 to £11.44 per hour)
  • a 14.8 per cent increase for those aged 18-20 (from £7.49 to £8.60 per hour)
  • a 21.2 per cent increase for those aged 16-17 and apprentices (from £5.28 to £6.40 per hour).

The LPC has said that that the size of the increases is driven by the strength of pay growth across the economy, which is forecast to continue into next year.

Press release: https://www.gov.uk/government/news/largest-ever-cash-increase-to-the-minimum-wage

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.

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