Minimum wage to rise

The National Minimum Wage will increase on Oct 1.

The new rate for workers aged 22 and over will be £5.52 per hour.

Workers aged between 18 and 21 will be entitled to a minimum of £4.66 per hour, while those aged under 18 should be paid £3.40 per hour.

The Low Pay Commission is currently consulting on the impact of the previous increase in the NMW (to £5.35) and what rate should be set in October 2008.

For more information on the NMW visit the HMRC website or call the NMW helpline on 0845 6000 678.