National Minimum Wage to Rise

May 7th, 2014

Business Secretary Vince Cable has announced that on 1 October 2014 the National Minimum Wage (NMW) for adults will rise by 19p an hour to £6.50.

The Government has agreed to follow the 3% rise proposed by the Low Pay Commission in February and this will be the first time in six years that the NMW has increased above the rate of inflation.

Other NMW rates will increase by 2% from 1 October 2014:


BACK TO NEWS PAGE »
Latest News

New Lockdown Grants Announced

January 5th 2021

Following on from last night's announcement by the Prime Minister, that the country has been plunged...

Champion Round-Up | Wednesday 2nd Decemb...

December 2nd 2020

Written by Ged Cosgrove, group managing partner  As we find ourselves entering a new phase of tier...

Focus
management accounts

Xero | Making Tax Digital Why Xero accounting is the digital tax platform for you ...

management accounts

Sage Business Cloud | Making Tax Digital Why Sage Business Cloud or Sage 50cloud is...

SPOTLIGHT ON R&D

Veya

Veya

Around 30 per cent of all residential property transactions arent successful. Veya has been launched to reduce that statistic by removing the frustrations that buyers and sellers face during property transactions.

Our Tweets

Champion Accountants

Growth Protection Core Support Menu
Contact