Millions of workers will be getting a boost in their wage packet from today due to an increase in the minimum wage. The National Minimum Wage and the National Living Wage are both being increased from Friday, April 1, after originally being announced in October by Chancellor Rishi Sunak.
The uplift in wages will apply to about 2.5 million people, according to the Department for Business, Energy, and Industrial Strategy, which claims it will put £1,000 a year more into full-time workers’ pay packets.
It comes on the day the energy price cap rises by a whopping 54% across the UK, with experts saying they expect the cap to rise even further from October.
