2025 National Minimum Wage Increases Announced
The UK government has announced the latest increases to the National Minimum Wage and National Living Wage, following recommendations from the Low Pay Commission (LPC). These new rates will come into effect from April 2025, impacting workers across various age groups and employment types.
What Are the New Rates?
Why Are These Changes Happening?
The LPC recommended these increases in October 2024, following an extensive review of economic conditions, cost of living pressures, and business sustainability. The goal of these wage adjustments is to ensure that workers receive fair compensation while balancing the impact on employers.
What Does This Mean for Bakers?
For bakery businesses, these changes mean adjusting payroll budgets to accommodate higher wages. Employers must ensure compliance by updating employee wages before the April 2025 deadline. While this represents an increased cost, it also supports a stronger workforce by ensuring fair pay.