Minimum Wage 2024 Percentage Increase Uk. National minimum wage (under 18) has increased 9.7%, from £4.81 to £5.28. The united kingdom will increase its minimum wage by 9.8% to 11.44 pounds ($14.26) an hour in april 2024, making it one of the highest as a share of average hourly earnings of any advanced.
Annual increases of nearly 10% in 2023 and 2024 were welcome, but by the time the minimum wage rise came through in april, high inflation had eroded minimum. Last year, the age threshold for the rate moved from age 25.
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