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Friday, January 16, 2026

Tag: minimum wage increase

UK Services Sector Hit by Budget Costs and Profit Squeeze

CBI report reveals UK services sector faces sharp profit and employment declines as businesses cannot pass rising costs to customers after Budget measures.

UK Minimum Wage Increases: £12.71 National Living Wage Announced

2.7 million workers to get pay rises as National Living Wage increases to £12.71 and younger workers get higher percentage increases starting April next year.

UK Minimum Wage Set for 4.1% Rise to £12.71, Adding to Business Costs

Businesses face another wage bill increase as minimum wage rises above inflation, while voluntary living wage sees 6.7% boost for half million workers.