The UK National Minimum Wage to become the highest in the world

by | May 31, 2019

The National Hairdressers Federation reported a bit of brightness on the political horizon last week when they revealed that the UK National Minimum Wage could become the highest in the world.

The Chancellor, Philip Hammond, is rumoured to be thinking of raising the National Living Wage to a whopping £9.61 per hour in a move to end low wages. At present, the National Living Wage is £8.21 per hour and is expected to rise in April 2020 to around £8.60 per hour.

At the current rate of increases, the National Living Wage would not pass £9.50 until 2024 at the earliest. But under Hammond’s proposals, which won’t be announced until later this year, a large rise could be on the cards much sooner than that. A rate of £9.61 would push the UK’s rates to the highest anywhere in the world.

At present, the UK National Living Wage is the fourth highest, with only Ireland, France and Luxembourg having higher rates. Responsibility for setting the National Living Wage and other minimum wage rates currently lies with the independent Low Pay Commission. They have to balance decisions about fair rates of pay against the possibility of big rises leading to job losses. The Treasury has commissioned a study into the effects of increases to minimum wages, although earlier studies suggest that increases do not significantly affect employment levels. The remit of the Low Pay Commission is also under review.

Hilary Hall, NHF/NBF chief executive said, “these increases are only rumours at present. The UK is about to go into a period of massive uncertainty due to Brexit and no-one yet knows what the economic impact of that will be. We can be certain though that within the hair and beauty industries, unaffordable wage rises will simply continue the growing trend towards ‘self-employment’. It’s important to remember that the self-employed have no employment rights and are not protected by minimum wage legislation. We therefore call on the Low Pay Commission and the government to be very cautious indeed before recommending further big rises to minimum wages.”

Related reads:

Top social media trends to take into 2024, according to researchers

Top social media trends to take into 2024, according to researchers

With more brands budget being allocated to digital and consumers using their favourite platforms as beauty search engines, here’s everything you need to know about key social media trends heading into the new year  This weekend, I was indulging in my usual Saturday...

Autumn Statement 2023: What does it mean for beauty?

Autumn Statement 2023: What does it mean for beauty?

Last week, the Chancellor delivered his Autumn Statement 2023. Here's everything you need to know about how the measures will affect the beauty industry... The Chancellor of the Exchequer’s Autumn Statement was delivered on November 22, giving an update on the current...


Stay on top of what's happening across the British beauty industry with our weekly news updates, delivered straight to your inbox.

Thanks for subscribing to receive news updates from the British Beauty Council.

Pin It on Pinterest

Share this on social: