The Chancellor announced the new rates for the national minimum wage which will apply from April 2019 in the Budget. The national living wage rate will increase to £8.21 (from £7.83). This equates to a £690 annual pay rise for a full-time worker aged 25 or over. It is estimated that 2.4 million workers will benefit.
New rates from April 2019
All workers i.e. those who provide their services personally are entitled to be paid at least the minimum wage rate for their age. The rates change every April. From April 2019 the rates will be as follows (current rates are shown in brackets):
25 and over £8.21 (£7.83)
21 to 24 £7.70 ((£7.38)
18 to 20 £6.15 (£5.90)
Under 18 £4.35 (£4.20)
Apprentice £3.90 (£3.70)
Apprentices are entitled to be paid the apprentice rate if they are either a) under 19 or b) aged 19 or over and in the first year of their apprenticeship.