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The National Living Wage Will Rise From April

The National Living Wage will rise from April

The national living wage is to rise by 6.2% in what the government says is “the biggest cash increase ever”.

The rise is more than four times the rate of inflation and takes hourly pay for people over 25 to £8.72 from April.

Prime Minister Boris Johnson said: “For too long, people haven’t seen the pay rises they deserve.”

But businesses warned that a sharp increase in wages would put pressure on companies and urged the government to reduce costs elsewhere for firms.

From April 2020, the new rates are:

  • The National Living Wage for ages 25 and above – up 6.2% to £8.72
  • The National Minimum Wage for 21 to 24-year-olds – up 6.5% to £8.20
  • For 18 to 20-year-olds – up 4.9% to £6.45
  • For under-18s – up 4.6% to £4.55
  • For apprentices – up 6.4% to £4.15

Source: BBC

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