Minimum Wage to Increase

The UK Minimum wage for adult workers is set to rise by 3% (the rate of inflation) to £5.52 in October of this year. The increase is likely to affect over one million workers in the UK.

The Governments Low Pay commission recommended the rise earlier this year and although the government is proud to have increased the amount in line with inflation claiming "it was the right decision" worker's unions have argued that the Government should have been more aggressive and raised the minimum wage by more than the rate of inflation; stating that a £6 minimum wage would have been more suitable.

Small businesses have supported the Governments decision to only raise wages by 3%, having stated (since the minimum wage was first introduced in 1999) that above inflation rises in the minimum wage is bad for business.

The rate for workers aged between 18 and 21 will rise to £4.60 whilst the rate for workers aged between 16 and 17 will rise by 10 pence to £3.60.

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