The Latest Breaking News from Minimum Wage

A further two-year freeze on Income Tax thresholds would drag 790,000 more people into paying the 40% higher rate, according to the IFS

Denmark sought to overturn a directive adopted in 2022 that would force member states to set a minimum wage. EU's top court has ruled against it.

Higher minimum wage for young workers, remote working and a 4-day workweek could get a spotlight thanks to New York’s first millennial Mayor

Olympia residents apparently learned from Seattle’s experience that minimum wage hikes do not improve the welfare of the worst off in society.

In the upcoming budget, Chancellor Rachel Reeves is expected to raise the minimum wage to £12.70 an hour: £26,416 annually for a full-time job. This means that the gap between salaries for minimum wage jobs and those for professional jobs that require a degree is shrinking fast.

Reform UK leader also predicted a general election within the next two years, as a consequence of Rachel Reeves’s ‘austerity Budget’

Progressive cities are scrapping the tipped-wage credit, shifting workers from tax-free tips to taxable wages, and likely leading to lower take-home pay.

Find out more about New York's cost of living and exactly how you could afford to live there.

Thinktank fears 16- to 24-year-olds not in education, employment or training could be ‘priced out’ of entry-level jobs