UK wage rise: Minimum pay raised for 2.7 million workers from April; businesses warn of higher cost pressures
File photo: Chancellor Rachel Reeves (Picture credit: AP) Millions of low-paid workers in the UK will receive a pay increase from April as the government confirmed new minimum wage rates ahead of Wednesday’s Budget. The hourly rate for over-21s will rise by 50p to £12.71, with 18–20-year-olds seeing an 85p jump to £10.85, and under-18s…