National Living Wage ‘to rise by 6.6%’ – more than double UK rate of inflation

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It would mean a pay rise of 6.6 percent, more than twice the current consumer price inflation rate of 3.1 percent, for minimum wage workers who are aged 23 and over. The rise was recommended by the campaign group the Living Wage Foundation, the BBC reports.

It comes just days ahead of Chancellor of the Exchequer Rishi Sunak delivering his 2021 Autumn Budget on Wednesday October 27.

The Government has come under pressure to help low-paid employees and younger workers, who are among the worst hit during the coronavirus crisis.

Earlier this year, National Living Wage was extended to those aged 23 and over, having previously only applied to people aged 25 and older.

The sum now stands at £8.91 per hour for people who are 23 or older.

For workers who are aged 22 and under, the minimum wage applies, although they must be school leaving age to get it.

How much is the National Minimum Wage?

For people aged between 21 and 22, it’s £8.36 per hour.

It is £6.56 per hour for anyone who is at least 18, but not yet 21.

The hourly National Minimum Wage rate is £4.62 for under 18s.

Apprentices meanwhile, can get a National Minimum Wage of £4.30 per hour.

Apprentices are entitled to the apprentice rate if they’re either:

  • aged under 19
  • aged 19 or over and in the first year of their apprenticeship.

More to follow…

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