National living wage likely to rise to £12.71 next year, advisory body estimates

At the moment, the national living wage is £12.21 an hour (Gareth Fuller/PA) - (PA Wire)

The national living wage could rise by as much as 65p an hour next year, an advisory body has estimated, as the terms of its annual review of wage rates were published.

Ministers are determined to deliver “a genuine living wage”, according to the Low Pay Commission’s (LPC) latest remit for increasing the so-called national living wage – the UK minimum wage for workers aged 21 and older.