HMRC have recently announced updates to National Minimum Wage and National Living Wage levels which is expected to bring pay rises for around 2.8 million workers in the UK.
Taking effect from April 2020, the new figures are detailed below:
The National Living Wage (for over 25 year olds) will increase 6.2% from £8.21 to £8.72.
The National Minimum Wage will rise across all age groups, including:
A 6.5% increase from £7.70 to £8.20 for 21-24 year olds
A 4.9% increase from £6.15 to £6.45 for 18-20 year olds
A 4.6% increase from £4.35 to £4.55 for Under 18s
A 6.4% increase from £3.90 to £4.15 for Apprentices