By day I am a solicitor, and Head of Commercial Property at Fishers Dewes Solicitors. By night I am hoping to become a world record holder! In fact, all night and all day. Let me explain: Who: 8 members of Ashby Round Table (of which I am one) What: 25...
Government Increases the National Minimum Wage from October 2015
The Government has announced that the National Minimum Wage (NMW) rate for apprentices will increase by 57p (20 per cent) from 1 October 2015, from £2.73 to £3.30. The Low Pay Commission (LPC) had recommended an increase of 2.6 per cent to £2.80 per hour.
The remaining NMW rates that will apply from 1 October 2015 are as recommended by the LPC:
- The adult rate will increase by 20p (3 per cent) from £6.50 to £6.70 per hour;
- The rate for 18- to 20-year-old workers will increase by 17p (3.3 per cent) from £5.13 to £5.30 per hour;
- The rate for 16- and 17-year-olds will increase by 8p (2.1 per cent) from £3.79 to £3.87 per hour.