National minimum wage increase
Implementation date: 1 April 2023
The National Minimum Wage (Amendment) Regulations 2023 (SI 2023/354) increase the rate for workers aged 23 or over (the national living wage) from £9.50 to £10.42. The rate for workers aged at least 21 but under 23 rises from £9.18 to £10.18 per hour. The rate for workers aged at least 18 but under 21 increases from £6.83 to £7.49 per hour, the rate for workers aged 16 to 17 rises from £4.81 to £5.28 per hour, and the apprentice rate rises from £4.81 to £5.28 per hour.