LONDON: The national minimum wage of the United Kingdom (UK) will rise from 11.44 to 12.21 British pounds (15.87 US dollars) per hour from April 2025, the UK government has announced.
A statement from the Treasury on Tuesday said that the 6.7 per cent increase in the national living wage will provide an additional 1, 400 pounds annually for a full-time worker aged 21 or over, benefiting more than 3 million people across the country Xinhua reported.
The statement said the national minimum wage for 18 to 20-year-olds will also rise from 8.6 to 10 pounds an hour, the largest rise on record.
"This 1.4-pound increase will mean full-time younger workers eligible for the rate will see their pay boosted by 2, 500 pounds next year, " said the Treasury.
The announcement came ahead of the new Labour government's first budget on Wednesday. One British pound amounts to 1.3 US dollar at present.