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

20 Feb 2026

Fiscal policy 'needs a rethink', says business group

The Institute for Fiscal Studies (IFS) has warned the government that the UK's current fiscal policy 'needs a rethink'.

19 Feb 2026

UK import and export trade prospects remain uncertain, according to the British Chambers of Commerce (BCC).

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