The National Living Wage will rise by 6.7% for those aged 21 and over.
- Chancellor Rachel Reeves confirmed the new rate of £12.21 set for April 2025.
- This increase comes as part of the government’s acceptance of LPC’s recommendations.
- Younger workers aged 18-20 will see an even higher increase of 16.3% to £10 per hour.
- The pay boost aligns with Labour’s goal of a genuine living wage.
The National Living Wage for workers aged 21 and over is set to rise by 6.7% in April 2025, as confirmed by Chancellor Rachel Reeves. This will bring the hourly rate to £12.21, following the government’s approval of recommendations from the Low Pay Commission (LPC).
The upcoming change in the National Living Wage signifies the government’s commitment to supporting workers, with the new rate being a significant measure towards achieving Labour’s promise of implementing a genuine living wage. Workers who are eligible and work full-time could see an annual increase of £1,400, providing a substantial boost in pay.
The National Minimum Wage adjustments do not stop there. Those aged 18 to 20 will experience a larger percentage increase of 16.3%, bringing their hourly wage to £10. This reflects a focus on providing fairer compensation for younger employees, which also extends to 16-17-year-olds and apprentices, who will see a rise in their minimum pay.
The government’s decision to accept the LPC’s recommendations highlights a clear strategy of enhancing wage conditions, aiming to ensure that more workers receive decent pay for their efforts. This aligns with broader economic policies intended to improve financial stability for working individuals.
The National Living Wage increase reaffirms the government’s dedication to improving worker pay and living standards.
