Minimum Wage 2024 Uk Increase Date. The national minimum wage rates increase annually every april. Inflation in the uk flatlined at the bank of england’s target of 2.0% in the 12 months to june 2024, strengthening.

In april 2024, the uk is set to witness an increase in the national minimum wage (nmw) by almost 10%, which will present significant challenges for small. Chancellor confirms rise of the living wage to £11.44 from april next year for ages 21 and above.