City
Epaper

UK's minimum wage to go up by 6.7 pc next year

By IANS | Updated: October 30, 2024 13:35 IST

London, Oct 29 The national minimum wage of the United Kingdom (UK) will rise from 11.44 to 12.21 ...

Open in App

London, Oct 29 The national minimum wage of the United Kingdom (UK) will rise from 11.44 to 12.21 British pounds (15.87 US dollars) per hour from April 2025, the UK government has announced.

A statement from the Treasury on Tuesday said that the 6.7 per cent increase in the national living wage will provide an additional 1,400 pounds annually for a full-time worker aged 21 or over, benefiting more than 3 million people across the country Xinhua reported.

The statement said the national minimum wage for 18 to 20-year-olds will also rise from 8.6 to 10 pounds an hour, the largest rise on record.

"This 1.4-pound increase will mean full-time younger workers eligible for the rate will see their pay boosted by 2,500 pounds next year," said the Treasury.

The announcement came ahead of the new Labour government's first budget on Wednesday. One British pound amounts to 1.3 US dollar at present.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalUkraine's frontline situation remains difficult, Zelenskyy calls for "more tangible pressure on Russia"

CricketMumbai Indians complete 150 wins in history of Indian Premier League

InternationalThousands of Pakistani pilgrims to miss out on Hajj 2025 due to limited quota

CricketZaheer Khan stats LSG will stick to the plan that NCA has developed for Mayank

Cricket"Bowlers did a great job": RCB skipper Rajat Patidar after registering win over Delhi Capitals

International Realted Stories

InternationalUkraine offers condolences to Canada after "heartbreaking" Vancouver festival tragedy

InternationalCanada goes to polls on April 28

InternationalOman, UAE boost bilateral trade, investment ties at Advantage Oman Forum

InternationalDubai Municipality to highlight its pioneering tourism projects at Arabian Travel Market 2025

InternationalIndian diaspora in Frankfurt holds protest against J-K terror attack