National Living Wage to rise by 6.2% in April

The government has announced the biggest cash increase of the National Living Wage ever.#

From April 2020, the new rates are:

• The National Living Wage for ages 25 and above - up 6.2% to £8.72
• The National Minimum Wage for 21 to 24 year olds - up 6.5% to £8.20
• For 18 to 20 year olds - up 4.9% to £6.45
• For under 18's - up 4.6% to £4.55
• For apprentices - up 6.4% to £4.15

Further to these rises, the government has said it will press ahead with plans to allow workers over 21 to receive the National Living Wage by 2024 when it is set to reach £10.50 per hour.

These rates are still below the "real living wage" as calculated by the Living Wage Foundation which equates to £9.30 or £10.75 for those in London.