Living Wage to Rise by 6.2% in April

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The Government has announced the “biggest cash increase ever” for workers earning the National Living Wage.

However, the British Chamber of Commerce have expressed concern at the move stating many companies “have struggled with increased costs in a time of great economic uncertainty” noting that the rise, which is four times above the rate of inflation, will put pressure on cashflow and budgets.

From April, the new hourly rates will be :

25+ – £8.72 (up 6.2%)
21 to 24 –£8.20 (up 6.5%)
18 to 20 – £6.45 (up 4.9%)
Under-18 – £4.55 (up 4.6%)
Apprentices – £4.15 (up 6.4%)

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