How much is the minimum wage?
Source: BBC ·
What are the National Minimum Wage and the National Living Wage, and how much are they worth?
From the source
The official minimum rates of pay rose for 2.7 million workers on 1 April. The rate for workers aged 21 and over is called the National Living Wage, while those aged 18 to 20 are paid the National Minimum Wage. What is the National Living Wage, and how much is it worth? From 1 April 2026, workers over 21 on the National Living Wage are paid £12.71 an hour, 50p more than in 2025. For someone working full time (37.5 hours a week), that amounts to £24,784.50 a year - an increase of £900. What is the National Minimum Wage and how much is it worth? The rate for 18 to 20-year-olds has gone up to £10.85 an hour. It amounts to an increase of £1,500 a year for a full-time worker. The government said its goal is to eventually scrap this separate rate for 18 to 20-year-olds, and have one rate for all adults. The minimum wage for 16 and 17-year-olds has also risen to £8 an hour. What is the apprentice rate and how much is it worth? There are different rates of pay for apprentices , external…
BestAIBroker analysis
- Finance-aware sentiment: neutral (+0.00 on a -1 to +1 scale).
- Event classification: OTHER.
- Market importance score: 31/100, weighting entity relevance, source credibility, multi-outlet coverage and recency.
- Symbols referenced: UK.