- Tom Randall MP has welcomed an increase to the National Living Wage for an estimated 5,263 people across Gedling Borough, announced ahead of the Conservative Government’s Autumn Statement 2023.
- The National Living Wage has been increased to £11.44 an hour, a 9.8 per cent increase for eligible workers aged 21 and over, representing a £1,800 annual boost for 2.7 million low paid workers.
- This furthers the Conservative Government’s commitment to ending low hourly pay and ensuring hard work pays off.
Tom Randall MP has welcomed an increase to the National Living Wage for an estimated 5,263 people across Gedling Borough thanks to the Conservative Government.
The Conservative Government is delivering on its commitment to end low hourly pay for full-time workers on the Conservative-introduced National Living Wage (NLW).
From 1 April 2024, the NLW will increase by 9.8 per cent to £11.44 an hour for eligible workers aged 21 and over.
This represents an increase of over £1,800 to the annual earnings of a full-time worker on the NLW and is expected to benefit around 2.7 million low paid workers.
Since 2010, the minimum wage rate will have risen by £5.64. Young people and apprentices on the National Minimum Wage (NMW) will also see a boost to their wages.
Earlier this month it was also announced the proportion of workers on low pay has halved since 2010, thanks to the National Living Wage.
Commenting, Tom Randall MP said: “With inflation halved, and falling, the Conservative Government is taking the long-term decisions to ensure hard work always pays for people across Gedling and I am delighted the National Living Wage has been increased to over £11 an hour, for an estimated 5,263 people across Gedling Borough.
“A boosted National Living Wage will continue to drive down low pay and ensure hard work always pays under the Conservatives.”
Commenting, Chancellor of the Exchequer Jeremy Hunt said: “Next April all full-time workers on the National Living Wage will get a pay rise of over £1,800 a year. That will end low pay in this country, delivering on our manifesto promise.
“The National Living Wage has helped halve the number of people on low pay since 2010, making sure work always pays.”