National Living Wage to rise to £7.50 an hour
The Chancellor used the Autumn Statement to outline that his government will be following the recommendations of the independent Low Pay Commission, the government will increase the National Living Wage (NLW) by 4.2% from £7.20 to £7.50 from April 2017.
The Chancellor said that this is an estimated pay rise for over a million workers.
In total, earnings for a full-time worker on the National Minimum Wage (NMW) will have increased by over £1,400 a year since the introduction of the NLW in April 2016.20 The ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...