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National Minimum Wage increases On 5th March
On 5th March, the government announced the annual increase to the minimum wage. The adult rate will rise from £5.52 to £5.73.
The rate for 18-21 year olds will increase from £4.60 to £4.77. The 16-17 year old rate will rise from £3.40 to £3.53.
All increases will take effect on 1st October 2008. See BERR Press Release for more details.