National Minimum Wage

[Maydup]

The NMW usually goes up in October but I can find anything about it for 2013.

Does anyone know whether it will increase this year? Currently £6.19 ph.

[factor-fiction]

It should do- maybe they wait until nearer the time and increase it based on the RPI/CPI at the time. It 'll probably go up to around £6.40, but maybe they'll cap the increase at 1% like benefits

[ABerrant]

http://www.telegraph.co.uk/news/9965039/Minimum-wage-could-be-frozen-or-cut-if-it-starts-to-cost-jobs-or-damage-economy-Government-suggests.html

[slaney]

It's usually mentioned in the March Budget, but wasn't this year.

[Maydup]

Yes its usually mentioned in the March budget but I can't find it this year.

It would be very unusual for it to change outside of a budget announcement but I suppose there's always a first! I just wanted to check I wasn't missing anything so far.

[Maydup]

The new rates were announced today. £6.31 for adults.