Minimum Wage 2024 Uk. The minimum wage, known officially as the national living wage, is. Britain's minimum wage will increase by 9.8% to 11.44 pounds ($14.26) an hour from april 2024, making it one of the highest as a share of average earnings of any advanced economy.
The rate of the national minimum wage in the uk varies, depending on the age of the employee and whether they are undertaking an apprenticeship. In april 2024, the new national living wage was extended to employees aged 21 and over.