NEWS

News

It is estimated that approximately 1.3 million workers in the UK will benefit form an increase in the National Minimum Wage which takes effect from October 2007.

The existing rate and new rate are given below.

Age

Rate until 30/09/07

Rate from 01/10/07

16-17

£3.30

£3.40

18-21

£4.45

£4.60

21+

£5.35

£5.52

While the increases will benefit workers, some employers remain concerned that the increases could damage both businesses and employment prospects.  Furthermore, the new rates remain below the rate of £6.00 per hour, for adult workers, which is being advocated by some unions.

The Xact Group Limited

The Xact Group Limited
GLASGOW: The Old Library, 258 Main Street, Bellshill, Lanarkshire, ML4 1AB
LUTON: 7 Prudence Place, Proctor Way, Luton, Beds, LU2 9PE
T: 0845 665 3006
F: 0845 688 0018
E: info@xact.uk.com
W: www.xact.uk.com

Registered in Bellshill, Scotland
Company Registration No: SC336040
VAT Registration Number: 743 474 02
FSA Registration Number: 468691