'This will work' | How the National Living Wage rise could 're-energise' the workforce

The National Living Wage will rise to two-thirds of average earnings, the Government has announced.

In a boost for the UK’s lowest paid, Downing Street committed to accept the Low Pay Commission’s recommendations - which will be announced in November. 

Based on the Low Pay Commission’s latest forecasts, this would see the National Living Wage increase to over £11 an hour from April 2024 and would mean the annual earnings of a full-time worker on the National Living Wage will increase by over £1,000 next year. 

People currently aged 23 and over are eligible for the National Living Wage, with over 2 million workers on low pay set to benefit from the increase.