Minimum Wage 2024 Hourly Rate Uk. A rise of 6.7%, to £12.21 an hour, will kick in next spring. For the 2024 financial year, minimum wages rose by approximately 10% for most employees, including apprentices.

The uk government regularly reviews and updates the minimum wage to ensure it reflects changes in the economy, inflation, and cost of living. The 2024 nlw rate is £11.44, a 10 per cent increase in cash terms on the 2023 nlw (£10.42).