On 29 October 2018, the Chancellor of the Exchequer delivered his annual Budget to Parliament. Amongst many announcements, this year’s Budget contained the news that the National Living Wage (NLW) will increase from April 2019.

For workers aged 25 years or older, the NLW will increase from £7.83 per hour to £8.21 per hour. For someone working 35 hours per week on the NLW rate of pay, this will mean a pay rise of £690 over the course of the next financial year. This 4.9% increase follows the recommendations of the Low Pay Commission (LPC), which estimates that it will benefit around 2.4 million workers.

The National Minimum Wage rates for younger workers and apprentices will also rise in accordance with LPC recommendations:

  • 21 to 24-year-olds: 4.3% increase from £7.38 to £7.70 per hour
  • 18 to 20-year-olds: 4.2% increase from £5.90 to £6.15 per hour
  • 16 to 17-year-olds: 3.6% increase from £4.20 to £4.35 per hour
  • Apprentices: 5.4% increase from £3.70 to £3.90 per hour

The Government have stated that it is their objective for the NLW to reach 60% of median earnings by 2020.

A copy of the Budget Report is available to read in full here.

Further information

For more information or advice, please contact Anna Dabek or Matthew Wort.

Holidays – are they all wrapped up?
Holidays – are they all wrapped up?

A recent ECJ case has concluded that statutory holiday entitlement will not automatically be lost at the end of a holiday year unless the employer has “diligently” bought it to the worker’s attention.

Appealing planning permission refusals
Appealing planning permission refusals

A recent study revealed that only 65% of appeals were allowed in cases where councillors refused planning permission despite planning officers’ recommendation for approval.

Strong Chambers UK 2019 Performance
Strong Chambers UK 2019 Performance

Anthony Collins Solicitors once again performed well once again in the latest 2019 Chambers UK publication across a range of sectors including several ranked lawyers.

Legal 500 2018 rankings announced
Legal 500 2018 rankings announced

With the announcement of the latest Legal 500 rankings, Anthony Collins Solicitors once again showcases leading individuals and next-generation lawyers across its sectors.