Minimum Wage 2024 Uk 18. To do this, we project a range for next year’s national living wage (nlw, the minimum wage for workers aged 21 and over). The national minimum wage is the legal minimum hourly rate of pay for workers over the compulsory school age, generally 16 years of age.

When we made our recommendations in october, bank of england forecasts suggested that inflation would. As noted earlier, the national minimum wage for people under the age of 18 is £6.40 per hour.