National Minimum Wage 2025 Budget. Over 3 million workers will receive a pay boost. The new nmw rates, together with the increase in employers’ nic, will also increase the cost of settling historical nmw underpayments from april 2025, and mean that.

Over 3 million uk employees are set to receive a pay boost in 2025 thanks to the government’s decision to increase the national living wage by 6.7%. In the wake of the autumn budget 2024, employers across the uk face notable changes in the cost of employing minimum wage staff.