The Latest Breaking News from Minimum Wage

In the upcoming budget, Chancellor Rachel Reeves is expected to raise the minimum wage to £12.70 an hour: £26,416 annually for a full-time job. This means that the gap between salaries for minimum wage jobs and those for professional jobs that require a degree is shrinking fast.

Reform UK leader also predicted a general election within the next two years, as a consequence of Rachel Reeves’s ‘austerity Budget’

Progressive cities are scrapping the tipped-wage credit, shifting workers from tax-free tips to taxable wages, and likely leading to lower take-home pay.

Find out more about New York's cost of living and exactly how you could afford to live there.

Thinktank fears 16- to 24-year-olds not in education, employment or training could be ‘priced out’ of entry-level jobs

Rachel Reeves has been urged to scrap plans to abolish the lower minimum wage rates for under-21s.

London firms have been fined £1.6million and told to backpay thousands of workers after failing to pay the National Minimum Wage

IN FULL

The Department for Business and Trade released a list of 491 employers that underpaid workers over several years.

Around 42,000 people have been repaid by their employers after being left out of pocket, the Department for Business and Trade said

After restaurant delivery drivers quit in droves and costs soared, the city is expanding minimum wage rules to grocery couriers.