Millions to get £930 a year pay rise this week as Minimum Wage goes up
By Alice Grahns
March 30, 2020
The 6.2 per cent increase represents the biggest cash rise ever since the Minimum Wage came into force in 1999.
Younger workers will also get wage boosts of between 4.6 and 6.5 per cent, with the rate for 21-24 year olds going up by 6.5 per cent from £7.70 to £8.20 an hour.
First announced by former Chancellor Sajid Javid in December, the changes were then confirmed by his replacer Rishi Sunak in the Budget earlier this month.
It will be a welcome bank balance boost to around two million people who earn it.