National Minimum Wage 2024/25. — the national minimum wage (nmw) is set to increase from 1 april 2025, to reflect the cost of living under labour's plan to make work pay. — in addition, from april 2024 the nlw will be extended to 21 and 22 year olds, fulfilling a recommendation we first made in 2019.
— raising the national minimum wage is a lever a new government could pull to increase people’s incomes from work, without any additional burden on the. — the 2024 nlw rate is £11.44, a 10 per cent increase in cash terms on the 2023 nlw (£10.42).