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Tim The Business Doctor
Tim The Business Doctor
Minimum Wage Increase

Minimum Wage Increase

Effective April 2024

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Tim The Business Doctor
Nov 24, 2023
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Tim The Business Doctor
Tim The Business Doctor
Minimum Wage Increase
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The most recent updates to the National Minimum Wage (NMW) and National Living Wage (NLW) rates, as announced by Chancellor Jeremy Hunt in his Autumn Statement, are set to take effect from April 2024. These changes are significant and represent the largest increase in over a decade, impacting different age groups in the workforce. Here are the details:

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