Latest NewsApril 2008National Minimum Wage Increases The National Minimum Wage will rise to £5.73 (£5.52) an hour in October 2008. The hourly rate for 18 to 21 year olds will increase to £4.77 (£4.60) and for 16 and 17 year olds to £3.53 (£3.40) an hour. HMRC are responsible for enforcing the NMW and have an ongoing programme of targeted enforcement. The current area subject to special attention is the hotel industry. Internet links: NMW rates and BERR hotel guide
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The value of investments can fall as well as rise and past performance is not a guide to future performance.
The value of investments can fall as well as rise and past performance is not a guide to future performance.