Posted 11/22/2023, 1:06:00 PM
UK to Raise Minimum Wage to £11.44 Per Hour, A Nearly 10% Increase
- Chancellor Jeremy Hunt has outlined a plan to increase the UK national living wage by nearly 10%
- The new minimum wage will be £11.44 ($14.35) per hour, the biggest increase in over a decade
- The new rate will apply to workers over 21 years old starting in April
- The article compares the new UK minimum wage to rates in other countries
- The article invites readers to subscribe to MarketWatch for more money advice and financial analysis