The Government is introducing a new National Living Wage (NLW) increase by 6%, which will allow low-paid UK staff to earn nearly £1,000 more per year. The NLW is the hourly rate depending on age and if they are an apprentice. “Hard work should always pay, but for too long, people haven’t seen the pay rises they deserve,” Prime Minister Boris Johnson said in a statement. The pay rise comes as Britain has seen its unemployment rate fall to its lowest since the 1970s with employment recently hitting a record high. The changes would benefit 4 million people.
Current National Living Wage:
- Age 25 and over: £8.21 per hour
- Age 21 to 24: £7.70 per hour
- Age 18 to 20: £6.15 per hour
- Aged under 18: £4.35 per hour
- An apprentice: £3.90 per hour.
The NLW, which applies to workers over the age of 25, is set to rise on 1 April from to £8.21 an hour to £8.72.
At the same time the National Minimum Wage (NMW) is due to increase from £7.70 an hour to £8.20 for those aged 21-24, £6.15 to £6.45 for those aged 18-20, and from £3.90 to £4.15 for apprentices.
Industries that may struggle with this increase include: Retail, Hospitality, Catering and Care.
Other changes the Prime Minister has promised include increasing NHS spending, GP appointments and nurses, introducing an Australian style points-based immigration system and increasing policing levels by 20,000.
Written by Angela