Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what the estimated timescale is for increasing to national living wage.
As announced at the Autumn Budget, on 1 April 2022 the Government will increase the National Living Wage (NLW) for workers aged 23 years and over by 6.6% to £9.50. This keeps the Government on track to achieve its manifesto commitment for the NLW to equal two-thirds of median earnings by 2024.
The Government will lay a Statutory Instrument to amend the National Minimum Wage Act 1998 in due course. BEIS will publish a full impact assessment next year alongside laying the regulations.