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UK private-sector pay settlements fall despite higher minimum wage, data shows
- The UK government increased the mandatory minimum wage rates on 1 April 2025 across all age groups nationwide.
- This rise follows the annual schedule advised by the independent Low Pay Commission to adjust wages according to age brackets and economic conditions.
- The updated rates specify £7.55 for under 18s and apprenticeships, and £12.21 for those aged 21 and over, while the voluntary Living Wage stands at £12.60 per hour.
- In 2024, the median full-time salary was £37,430, with men earning £37,382 and women £31,672 annually, highlighting ongoing pay disparities across several job categories.
- These adjustments emphasize the UK’s legal enforcement of minimum wage compliance, with fines up to £20,000 per worker reinforcing efforts to reduce wage inequality.
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UK private-sector pay settlements fall despite higher minimum wage, data shows
Typical annual pay settlements offered by British companies in the three months to April fell slightly, despite a rise in the minimum wage which boosted pay significantly for some lower-paid workers, industry data showed on Monday.
·United Kingdom
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Total News Sources5
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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