National Minimum Wage

Minimum Wage Rises

It follows November's Autumn Budget, in which Chancellor Philip Hammond confirmed hourly rates will rise across the board for employees in the country. 

The National Living Wage has gone up from £7.50 to £7.83 an hour – that's a 4.7% rise on last year. The Treasury estimates the new wage will leave full-time workers on basic pay as much as £600 better off a year. That's the equivalent to £50 a month – 33p extra an hour.