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National Minimum Wage Announcement

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12 March 2014
The Government announced today that national minimum wage is to rise by 19p an hour to £6.50 for those over 21 and by 10p to £5.13 for 18-to-20-year-olds from October 2014.
Business Secretary Vince Cable said he had accepted the recommendations from the Low Pay Commission that the minimum wage should increase by 3%, saying “The recommendations I have accepted today mean that low-paid workers will enjoy the biggest cash increase in their take-home pay since 2008”.
The increase for those over 21 now exceeds inflation, as measured by the Consumer Prices Index, which stands at 1.9%. All other rates increase by 2%.
1 October 2014 1 October 2013
Aged 21 or over £6.50 £6.31
Aged 18 - 20 £5.13 £5.03
Aged 16 - 17 (above school leaving age but under 18) £3.79 £3.72
Apprentice rate aged 19 or in their first year £2.73 £2.68

Andrew Brookes - Partner and Head of Healthcare
Andrew Brookes
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