The government has accepted the recommendations of the Low Pay Commission in full and has announced that it will increase the National Living Wage (NLW) and National Minimum Wage (NMW) rates from 1 April 2020 as follows:
- the NLW rate for workers aged 25 and over will increase from £8.21 to £8.72 per hour – this represents a pay rise of 6.2% and is the biggest increase ever to the NLW
- the standard adult NMW rate for workers aged 21 to 24 will increase from £7.70 to £8.20 per hour
- the NMW rate for workers aged 18 to 20 will increase from £6.15 to £6.45 per hour
- the young workers NMW rate for those aged 16 and 17 will increase from £4.35 to £4.55 per hour
- the apprentice NMW rate (apprentices under 19 years of age, or those aged 19 and over but in the first year of their apprenticeship) will increase from £3.90 to £4.15 per hour.
Source: HM Treasury Thu, 02 Jan 2020 05:00:00 +0100