National Minimum Wage 2024 Uk Announcement. The age threshold will also be reduced from 25 to 21, starting with a move to age 23 from 2021. Earlier this year, the lpc consulted on the affordability and impacts of an increase in april 2024 to a national living wage rate of between £10.90 and £11.43, with a central estimate of £11.16.

The minimum wage, known officially as the national living wage, is currently £10.42 an hour for workers over 23. From 1 april 2024, national minimum/living wage (nmw) rates will be increasing, with the national living wage rising by 9.8% to £11.44 per hour.