The minimum wage is the hourly lowest wage for employees aged 25 and older. There are other minimum wage levels for those under 25. Read our posts for more.

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Consumer Spending Drops Despite Pre Christmas Sales

New figures released today by the British Retail Consortium (MRC) have seen the poorest sales performance since May and 1.6 percent lower than the same month last year.

The BRC said that mild weather had hit winter clothing sales whilst …

National Minimum Wage

The announcement that the national minimum wage is to increase by 2.5 percent has been met with criticism from many people in the business community.

The current adult hourly rate is £5.93 per hour and will rise to £6.08 in …

Increase in National Minimum Wage

The implementation of the new national minimum wage starts today. The current rate for workers aged 21 and over goes up from £5.80 per hour to £5.93 per hour.

Previously employees aged 21 were not entitled to receive the full …