Government confirms increase to National Living Wage and National Minimum Wage in April 2023

The NLW, which applies to all workers aged 23 and over, will increase by 92 pence (9.7%), from £9.50 to £10.42 per hour. In line with the Low Pay Commission’s (LPC) recommendations, the Government has also announced the National Minimum Wage will increase for younger workers. The following will be introduced on 1 April 2023:

• a £1 increase for those aged 21-22, from £9.18 to £10.18 per hour;
• a 66p increase for those aged 18-20, from £6.83 to £7.49 per hour;
• a 47p increase for those aged 16-17, from £4.81 to £5.28 per hour; and
• a 47p increase in the apprentice rate, from £4.81 to £5.28 per hour.

These recommendations, put forward by the LPC, ensure the NLW remains on track to achieve the Government’s target of two-thirds of median earnings by 2024, and supports the wages and living standards of low-paid workers at a time of financial hardship for many living in the United Kingdom.

Advice

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