Minimum Wage 2024 Annual Salary Uk Per Hour. If you are 18, 19 or 20, the national minimum wage is £8.60, up from £7.49 When we made our recommendations in october, bank of england forecasts suggested that inflation would.

This article covers the uk minimum wage system, wage increases in 2024, employers’ responsibilities, how employees can check if they are paid right, what to do if underpaid, and more. The 2024 nlw rate is £11.44, a 10 per cent increase in cash terms on the 2023 nlw (£10.42).