Wed, 14 Oct 2026
What are the National Minimum Wage and the National Living Wage, and how much are they worth?
National Living Wage and National Minimum Wage
* From April 1, 2.7 million workers in the UK saw their minimum pay rates increase
* Workers over 21 now earn £12.71 per hour (up 50p from 2025), which equates to a full-time worker earning £24,784.50 per year (an increase of £900)
* Workers aged 18-20 now earn £10.85 per hour (an increase of 85p), which amounts to an increase of £1,500 per year for a full-time worker
* The minimum wage for workers aged 16-17 has also increased to £8 per hour
Apprentices
* Apprentices are paid according to their age and the stage of their apprenticeship
* Those under 19 or in the first year of their apprenticeship earn the National Minimum Wage rate for their age group (currently £8)
* Those over 19 or who have completed their first year earn the National Living Wage or National Minimum Wage rate for their age
Exemptions
* The self-employed, company directors, volunteers, members of the armed forces, and prisoners do not qualify for the National Minimum Wage or National Living Wage
* People with disabilities or in long-term unemployment who take part in government work programmes are paid fixed amounts at different stages of the scheme
Employer fines
* In March 2026, 389 employers were fined £12.6m for failing to pay staff properly and must repay around £7.3m to around 60,000 workers
* The Real Living Wage is an unofficial hourly rate that increases every October, set at a rate to meet the cost of living
Real Living Wage
* Almost 500,000 employees working for nearly 17,000 firms receive the voluntary Real Living Wage
* In October 2026, the UK rate will increase by 4.8% to £14.10 an hour and the London Living Wage will go up by 4.4% to £15.45
Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025