National Minimum Wage 2024 Uk Increase. The national minimum wage (nmw) is set to increase from 1 april 2025, to reflect the cost of living under labour's plan to make work pay. The national living wage (nlw) increases on saturday 1 april by 9.7 per cent to £10.42, providing a pay rise to millions of workers aged 23 and over across the.
When we made our recommendations in october, bank of england forecasts suggested that inflation would. The minimum wage set by the government, known as the national living wage, is increasing by more than £1 for the first time, providing a boost.
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