Minimum Wage Washington 2024 Increase Uk. In april 2024, the uk is set to witness an increase in the national minimum wage (nmw) by almost 10%, which will present significant challenges for small. The minimum wage, known officially as the national living wage, is currently ยฃ10.42 an hour for workers over 23.
Annual increases of nearly 10% in 2023 and 2024 were welcome, but by the time the minimum wage rise came through in april, high inflation had eroded minimum. When we made our recommendations in october, bank of england forecasts suggested that inflation would.
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