Will Minimum Wage Increase In 2025 Uk. The national minimum wage is set to increase from april 2025, with proposed rates expected to range between £11.82 and £12.39 per hour for those aged 21 and over. On the eve of the 2024 autumn budget, chancellor rachel reeves has confirmed the national living wage, basically the minimum wage for people aged 21 and above, is to increase to £12.21, a rise of £0.77, starting.
The chancellor’s decision to raise employer’s national insurance has led to a whopping 60% tax increase for businesses employing the lowest paid; Uk businesses employing staff on minimum wage will see their costs jump by £2,367 per worker in 2025 due to pay increases and tax hikes announced in rachel reeves’ budget,.
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