Millions of workers are set for a pay rise as the National Minimum Wage and National Living Wage increase.
The uplift in wages, which will benefit around 2.5 million people, includes the largest ever increase to the living wage. It will put £1,000 a year more into full-time workers’ pay packets, helping to ease cost of living pressures.
Workers in sectors such as retail, hospitality and cleaning and maintenance will particularly benefit from the rise. Apprentices will also get a large 11.9% increase to their minimum hourly pay, with 21-22 year-olds seeing an immediate 9.8% rise.
