On 14 March 2016, details of the national minimum wage increases which will take effect on 1 October 2016 were revealed by the Prime Minister:

  • The rate for workers aged 21 to 24: up 3.7% to £6.95.

  • The development rate (workers aged 18 to 20): up 4.7% to £5.55.

    • The young workers rate (non-apprentices aged under 18 but above compulsory school age): up 3.4% to £4.00.

  • The apprenticeship rate: up 3% to £3.40.

From 1 April 2016, the new national living wage for workers aged 25 and over will come into force at a rate of £7.20 an hour, and will not change on 1 October.