minimum wage
P&O Ferries boss admits paying workers £4.87 per hour
Peter Hebblethwaite also admitted earning £508,000 last year including bonuses.
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National living wage rise could mean stickier inflation, economists warn
The minimum wage for adults will increase by 9.8% to £11.44 per hour.
Ministers urged to consider changes to minimum wage eligibility
The rate for those aged over 21 increases by almost 10% from April to £11.44 an hour.
Unions call for overhaul of minimum wage system to help young workers
The union organisation said that paying a lower rate to younger adults is ‘unfair’, and that the tiered rates system must be overhauled.
Pay growth eases back sharply as vacancies drop in record run of falls – ONS
The Office for National Statistics said private sector regular earnings rose by 7.3% in the three months to October, down from 7.8%.
Ikea announces 2024 pay rises for UK staff worth £10 million
The furniture retailer said its hourly paid employees will get a 10% pay rise in 2024.
Autumn statement at a glance: which measures were announced by the Government
Changes to minimum wage and tighter welfare rules are featuring in the Chancellor’s speech to Parliament.
Minimum wage to rise to £11.44 in April next year
The rate is currently £10.42 for workers aged 23 and over, but the new figure will apply to 21 and 22-year-olds for the first time.