ACS has warned ministers that significant hikes in the National Minimum Wage and National Living Wage rates announced today will put further pressure on struggling high street businesses.
The Government have today announced what it calls ‘the biggest cash increase ever’ in the National Living Wage rate. At £8.72 per hour, the National Living Wage will rise by 51p in April from its current rate of £8.21.
From April 2020, the new rates will be as follows:
