The Chancellor has announced that the rate of the National Living Wage will increase to £8.91, with corresponding increases to all the underlying national minimum wage rates, from April 2021. Importantly, the NLW (a higher rate than the NMW) will also now apply for those aged 23 and above (previously it was for 25 and … Continue Reading
Following the Chancellor’s announcement in November’s budget regarding changes to the National Living Wage and National Minimum Wage rates, the National Minimum Wage (Amendment) Regulations 2018 have now been laid before Parliament. The Regulations implement these increases from 1 April 2018: National Living Wage (Over 25’s) – £7.83 (previously £7.50) 21-24 year olds – £7.38 … Continue Reading