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Statutory minimum wage / living wage levels.
National Minimum Wage rates apply to employees up to the age of 20.
National Living Wage (NLW) rates apply to employees 21 and over.
The Apprentice rate applies to apprentices under 19, or 19 and over in the first year of apprenticeship.
Penalties apply to employers who fail to pay minimum wages.
09 Jun 2025
High energy bills in the UK are an 'anchor' on private sector ambitions, according to Rain Newton-Smith, CEO of the Confederation of British Industry (CBI).
06 Jun 2025
The government has introduced the Pension Schemes Bill, which it says will make pensions easier to understand and manage as well as drive better value over the long term.