This is a preview. To continue reading, register for free access now. Register now or Log in

Minimum wage increases by 7.8%

This October sees the national minimum wage increase by more than the rate of inflation, as well as the introduction of a minimum rate for younger employees.

The national minimum wage (NMW) for adults aged 22 and above has risen by 7.8% to £4.85 an hour, effective from 1 October 2004.