The minimum wage is set to increase in October by 20p bringing it up to £6.70. It’s the largest real-terms increase to the rate since 2008 and is set to benefit 1.4 million workers.
Younger workers aged 18-20 will see a 17p rise, from £5.13 to £5.30 an hour, while those aged 16 to 17 will get an 8p boost, from £3.79 to £3.87 an hour.
The Low pay commission has recommended that the rate for apprentices should also increase in 2.6 per cent to £2.80 an hour. however the government has suggested that this should be increased by 20 per cent to £3.30. The rate applies to apprentices aged 16 to 18 and those aged 19 or over who are in their first year. All other apprentices are entitled to the National Minimum Wage for their age.
The government is also launching a consultation with businesses on the future minimum wage for apprentices.
The increase, yet to be accepted by the government, would apply from October.