National Minimum Wage to Increase in October.

Sunday, April 10, 2016 - 15:30

Minimum wage to increase to £6.31. Employers said the rise struck a balance between the need for wage increases and firms' ability to pay.

Business secretary Vince Cable said the government accepted the recommendation of the Low Pay Commission.

The national minimum wage is to rise by:

12p an hour to £6.31 for adults.
5p an hour to £5.03 for 18-to-20-year-olds.
3p an hour to £2.68 for apprentices.

These increases will come into effect from October, the government has announced.

The increases are below current inflation levels.

Retail Prices Index (RPI) inflation currently stands at 3.2% and the Consumer Prices Index (CPI) at 2.8%.