Minimum Wage 2024 Uk Annual. The letter said the uk retail industry, which has three million direct jobs and 2.7 million more in its supply chain, was facing a rise of 7 billion pounds ($8.8 billion) in annual. From april 2024, the national minimum wage will increase by almost 10% to £11.44 per hour from the current rate of £10.42.

The national living wage (nlw) is currently the statutory minimum wage for workers aged 23 and over, although this will fall to 21 and over from april 2024. The letter said the uk retail industry, which has three million direct jobs and 2.7 million more in its supply chain, was facing a rise of 7 billion pounds ($8.8 billion) in annual.