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The Latest Breaking News from Minimum Wage

Reeves braced for major Budget clash with businesses over minimum wage and tax rises

The chancellor is set to use her Budget to pin Labour’s hopes on tackling the cost of living while balancing the books by targeting the wealthy

The Independent UK

Business backlash as Reeves confirms minimum wage pay rise hike for millions of workers

The chancellor said the move would mean those on low incomes were ‘properly rewarded’ - but businesses warned the move could drive unemployment and hit economic growth

The Independent UK

Hospitality bosses hit out at "yet another" above inflation hike in minimum wage in 2026

It also comes as firms are still reeling from Reeves' £25billion raid on employers' National Insurance in last year's Budget.

Evening Standard

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Millions of UK workers to get pay rise as Reeves plans increased minimum wage

Chancellor says people must be ‘properly rewarded for their hard work’ with 16- to 21-year-olds also in line for raise

The Guardian - UK

Increase in minimum wage rates announced

The Government says millions of low-paid workers will get a pay rise.

The Independent UK

Minimum wage to rise by 4.1% from April, government says ahead of budget

The wage rate for young people will increase by 8.5% to £10.85

Evening Standard

Rachel Reeves finds £1.5bn to subsidise electric vehicles in net zero drive

The chancellor will take on the climate sceptics in the Tories and Reform with a push to help people buy EVs

The Independent UK

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The share of minimum wage earners across Europe – from highest to lowest

The share of workers earning the minimum wage differs sharply across Europe. The European Commission is calling for fair and adequate pay to guarantee a decent standard of living.

Euronews

Stealth tax alert: Reeves Budget to make record 10m pay Income Tax higher rate if she freezes thresholds

A further two-year freeze on Income Tax thresholds would drag 790,000 more people into paying the 40% higher rate, according to the IFS

Evening Standard

EU top court rejects Denmark's bid to annul bloc-wide rules to set minimum wage

Denmark sought to overturn a directive adopted in 2022 that would force member states to set a minimum wage. EU's top court has ruled against it.

Euronews

California's Fast-Food Minimum Wage Hike Is Killing Jobs

You can’t legislate your way to prosperity.

Reason

How Much Money Would Workers Have If the Minimum Wage Kept Up With Inflation?

If minimum wage matched 1968 purchasing power, you'd earn $421,200 more over 30 years. With productivity adjustments, the gap reaches $670K-$1M in earnings.

GOBankingRates

‘A job is like finding a needle in a haystack’: how Dudley became centre of UK’s youth jobs crisis

Almost one in five school-leavers in West Midlands town are not in education, employment or training and chancellor is under pressure to deliver promised ‘youth guarantee’

The Guardian - UK

Congress Could Get Millions of People Off of SNAP by Raising the Minimum Wage, but It Hasn’t — for 16 Years

1 in 8 people rely on federal food aid that has become a pawn in the government shutdown.

Capital & Main

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Fortune

Zohran Mamdani is New York’s first millennial Mayor—experts say the young leader will 'challenge the status quo' set by boomers before him

Higher minimum wage for young workers, remote working and a 4-day workweek could get a spotlight thanks to New York’s first millennial Mayor

Reason

Washington's State Capital Just Voted Against Increasing the Minimum Wage, Unemployment

Olympia residents apparently learned from Seattle’s experience that minimum wage hikes do not improve the welfare of the worst off in society.

The Conversation

University still pays off – even in lower-wage Britain

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.

The Independent UK

Nigel Farage suggests young people on minimum wage earn too much

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

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Reason

The Left's Secret Repeal of No Taxes on Tips

Progressive cities are scrapping the tipped-wage credit, shifting workers from tax-free tips to taxable wages, and likely leading to lower take-home pay.

GOBankingRates

If New York Costs $113K a Year, How Could You Afford To Live There?

Find out more about New York's cost of living and exactly how you could afford to live there.

The Guardian - UK

Labour urged to rethink scrapping minimum wage youth rates amid ‘Neets’ rise

Thinktank fears 16- to 24-year-olds not in education, employment or training could be ‘priced out’ of entry-level jobs

The Independent UK

Keep age-based minimum wage to help young people into work, says think tank

Rachel Reeves has been urged to scrap plans to abolish the lower minimum wage rates for under-21s.

Evening Standard

Over 65 London employers including a council fined £1.6m after 7,400 workers paid less than minimum wage

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

The Independent UK

Nearly 500 firms fined for failing to pay minimum wage

IN FULL

The Independent UK

British Gas owner and Holland & Barrett fined for paying less than minimum wage

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

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