Economy

UK’s Low Pay Commission forecasts 4.1% rise in minimum wage to £12.71 by 2026

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The ‘s Low Pay Commission (LPC) has projected a 4.1% in the National Living (NLW) to £12.71 per hour by April 2026. This adjustment to align the NLW with the ‘s of ensuring it at two-thirds of median earnings. The LPC’s central estimate the NLW within a range of £12.55 to £12.86, reflecting stronger-than-expected wage growth in recent months.

In April 2025, the NLW rose by 6.7% to £12.21 per hour, one of the highest real values in the UK’s minimum wage . This increase was part of the government’s commitment to improving living standards for working individuals.

  UK economy grows by 0.3% in Q2, exceeding expectations

The LPC’s updated projections consider various economic , including inflation forecasts, of living, and broader macroeconomic . However, the commission that these figures are indicative and subject to based on evolving economic circumstances.

Approximately 6.5% of UK workers currently earn the minimum wage, with concentrations in sectors such as retail, hospitality, and cleaning. The government’s approach aims to balance the need for wages with the impact on employment and competitiveness.

The LPC is expected to its final recommendations to the government by the end of October 2025, after considering further economic developments and stakeholder feedback. This process underscores the government’s ongoing commitment to supporting low-paid workers while maintaining a competitive and resilient economy.

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