Minimum wage increases

It was announced earlier this week that the government has accepted the recommendations of the Low Pay Commission to increase the national minimum wage by 12p for adults, lifting it from £6.19 per hour to £6.31 per hour. It will also increase by 5p to £5.03 per hour for 18-to-20-year-olds and by 3p to £2.68 per hour for apprentices.

These rises will take effect in October 2013.

Further details can be found here: http://www.bbc.co.uk/news/business-22153007

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