Minimum Wage to Increase to £6.31 News Release
The Government has announced that the National Minimum Wage will rise by 12p an hour to £6.31 for adults and by 5p to £5.03 for 18-to-20-year-olds from October 2013.
Business Secretary Vince Cable has said “Nobody in the country should be paid less than the minimum wage”. He added, “Apprenticeships are at the heart of our goal to support a stronger economy, and so it is important to continue to make them attractive to young people. Therefore, I am not taking forward the LPC’s recommendation to freeze the apprenticeship rate due to non-compliance, but instead am raising it in line with the youth rates. We are working on a series of tough new measures to ensure we tackle non-compliance issues across the board.” More information is available at https://www.gov.uk/government/news/government-approves-new-national-minimum-wage-rate-of-6-31.
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