Minimum wage

National Minimum Wage rates apply to employees up to the age of 20.

National Living Wage (NLW) rates apply to employees 21 and over.

The Apprentice rate applies to apprentices under 19, or 19 and over in the first year of apprenticeship.

Penalties apply to employers who fail to pay minimum wages.

Age	NLW	18-20	16-17	Apprentice
From 1 April 2025	£12.21	£10.00	£7.55	£7.55
From 1 April 2024	£11.44	£8.60	£6.40	£6.40

04 Jul 2025

Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns

Prospective pension reforms could see small firms raise prices, cut jobs or slash profits, the Federation of Small Businesses (FSB) has warned.

03 Jul 2025

Business confidence rose in June building on a sharp rebound in May, according to Lloyds Bank's Business Barometer.

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