The Latest Breaking News from Minimum Wage

In the upcoming budget, Chancellor Rachel Reeves is expected to raise the minimum wage to £12.70 an hour: £26,416 annually for a full-time job. This means that the gap between salaries for minimum wage jobs and those for professional jobs that require a degree is shrinking fast.

Reform UK leader also predicted a general election within the next two years, as a consequence of Rachel Reeves’s ‘austerity Budget’

London firms have been fined £1.6million and told to backpay thousands of workers after failing to pay the National Minimum Wage

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The Department for Business and Trade released a list of 491 employers that underpaid workers over several years.

Around 42,000 people have been repaid by their employers after being left out of pocket, the Department for Business and Trade said

After restaurant delivery drivers quit in droves and costs soared, the city is expanding minimum wage rules to grocery couriers.

Lawmakers made an exception for smaller restaurant chains, implicitly acknowledging that the law would come with costs.

The national minimum wage rose in April, but driving up labour costs for employers