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UK national living wage to rise by 6.2% in 2020
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31st December 2019
The UK National Living Wage (formerly known as the minimum wage) is set to rise by 6% in April 2020 following a recommendation from the Low Pay Commission.
The revised hourly rates will be as follows:
- The National Living Wage for ages 25 and above - up 6.2% to £8.72
- The National Minimum Wage for 21 to 24-year-olds - up 6.5% to £8.20
- For 18 to 20-year-olds - up 4.9% to £6.45
- For under-18s - up 4.6% to £4.55
- For apprentices - up 6.4% to £4.15
Here is a link to our collection of study resources including revision videos on the economics of a minimum wage / living wage.
NIESR analysis below of what a further rise in the NMW might do for the UK economy:
The Government has announced that the national living wage for over-25s will increase by 6.2% from £8.21 an hour to £8.72 from the start of April. Read our analysis by @JohnnyRunge in our election briefing: https://t.co/EUnAr4ooBJ
— NIESR (@NIESRorg) December 31, 2019
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