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Minimum wage amount
The UK increased its minimum wage rates, affecting 2.7 million workers from April 1. The National Living Wage for those over 21 rose to £12.71 an hour, earning about £24,785 annually for full-time workers, while the rate for 18-20-year-olds increased to £10.85 an hour. The rates for 16-17-year-olds and apprentices also rose, with some workers exempt from these wages. Employers are legally required to pay the correct minimum wages, and failure to do so can result in fines and reimbursement for underpaid staff.
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