UK minimum wage to rise by 3.9% to about £13.20, The Times reports
Britain's National Living Wage is expected to rise by 3.9% to about £13.20 an hour, The Times reported on Monday, ahead of Chancellor John Healey's budget on Wednesday.
Britain’s National Living Wage is expected to rise by nearly 4% to about £13.20 an hour, The Times newspaper reported on Monday, Reuters reported.
The rate, which applies to workers aged 21 and over, would rise from £12.71 to about £13.20 an hour, an increase of 3.9%, according to the report. The National Minimum Wage for workers aged 18 to 20 would rise from £10.85 to around £11.27 an hour, Times Now reported, citing The Times.
The Times did not name its sources, and the Treasury declined to comment when asked about the report, according to Times Now. Finance minister John Healey is due to announce the change on Wednesday as part of his budget, and nothing is confirmed until he speaks.
If the budget confirms the figures, the new rates would start in 2027. Healey’s budget on Wednesday is his first since Andy Burnham became prime minister in July, Reuters reported in its budget preview.
More on this topic: all UK Broadband stories
