Minimum Wage 2024 Uk Increase Per Year. According to the ons (office for national statistics), the average wage in the uk for regular pay in november 2022, was £586 per week, or £30,472 per annum. Britain's minimum wage will increase by 9.8% to 11.44 pounds ($14.26) an hour from april 2024, making it one of the highest as a share of average earnings of any advanced economy.

This hike, the largest to date, is the first time the minimum wage has increased by more than £1. From 1 april 2024, the national living wage (nlw) applies to workers aged 21+ and is £11.44 per hour.