The Prime Minister introduces an inflation-busting rise in the minimum wage to £8.72 an hour for over-25s which we at 1SC are pleased to announce, it’s not before time says David Jones MD of 1SC Guarding Ltd.
Boris Johnson hailed the “biggest ever” increase in the official wage floor – a hike of 51p, or 6.2 per cent, from next April 2020 – saying: “For too long people haven't seen the pay rises they deserve.” Younger workers on low pay will see it boosted by between 4.6 per cent and 6.5 per cent, depending on their age, with 21 to 24-year-olds receiving a 50p increase from £7.70 to £8.20 an hour.