The UK's National Living Wage rose to £11.44 per hour on Monday, April 1, 2024, a significant increase from the previous rate of £10.42. This change, announced by Chancellor Jeremy Hunt in the 2023 Autumn Statement, marks the first time the rate has been extended to workers aged 21 and 22, who were previously on the lower National Minimum Wage.
The increase is part of the government's target for the National Living Wage to reach two-thirds of median earnings. The Low Pay Commission estimates the rise will benefit around 2.7 million workers directly. Other National Minimum Wage rates also increased on the same date, including rates for younger workers and apprentices.
Prime Minister Rishi Sunak has highlighted the policy as supporting working people, while Labour leader Keir Starmer has argued that many families still face a cost-of-living crisis despite the rise. The change coincides with other adjustments to household finances in April, including increases in the state pension and certain benefits, alongside rises in council tax and other bills for many.
