Budget 2021: National minimum and living wages to rise
The chancellor is set to increase the so-called 'national living wage' to £9.50 per hour in Wednesday's budget, Sky News has been told. It will rise from the current living wage of £8.91 per hour for those aged 23 and over, which the government says will give full-time workers an extra £1,000 a year. The national living wage is what the government has called the national minimum wage for anybody above 22-years-old since 2016. Those below that age are eligible for what is called the 'national minimum wage', which will also see a rise. People aged 21-22 will see an increase to £9.18 an hour from £8.36 and apprentices, who must be aged 16 or over and not in full-time education, will get a rise to £4.81 from £4.30. SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews For more content go to http://news.sky.com and download our apps: Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
