Colorado Minimum Wage 2024 Increase Uk. The 2024 increase marks the largest ever cash increase to the minimum wage, with a 9.8% increase for workers aged 21 and over. Employers should be aware that all minimum wage rates increase on 1 april of each year.

 — this is currently £11.65 to £12.18, with a central projection of £11.89, although forecasts could change over the year. When we made our recommendations in october, bank of england.