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Largest increase in minimum wage

The government has announced substantial increases to the national living wage (NLW) and national minimum wage (NMW) from 1st April 2024, along with a key change for workers aged 21 and 22.

What are the new rates?

From 1st April 2024:

  • The NLW rate will rise by 9.8% from £10.42 to £11.44 per hour - this rate currently applies to workers aged 23 and over but it will be extended to also apply to 21 and 22-year-olds from 1st April 2024.

  • The NMW rate for workers aged 18 to 20 will rise by 14.8% from £7.49 to £8.60 per hour.

  • The NMW rate for workers aged 16 and 17 will rise by 21.2% from £5.28 to £6.40 per hour.

  • The NMW rate for apprentices aged under 19, or those aged 19 and over but in the first year of their apprenticeship, will rise by 21.2% from £5.28 to £6.40 per hour.

  • The daily offset for the provision of living accommodation to a worker will rise by 9.8% from £9.10 to £9.99 per day.

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