On 25 November 2020, The Chancellor Rishi Sunak confirmed in his Spending Review speech on 25 November that the Government has accepted in full the recommendations of the Low Pay Commission to increase the National Living Wage rate by 2.2% to £8.91 per hour.
The NLW rate will be extended to aged 23 and over and he will also increase the National Minimum Wage (NMW) rates.
Currently, the NLW rate applies to those aged 25 and over. The NLW and NMW rates are reviewed each year and where applicable increased on 1 April.
For details of the current rates click here.