Plan to increase youth minimum wage could be delayed

The government is considering delaying plans to increase the minimum wage for younger workers. Currently, the minimum wage for those aged 23 and above is £9.50 per hour, while those aged 21-22 receive £9.18 and those aged 18-20 receive £6.83. The government had intended to align these rates, but sources indicate that this plan may be postponed due to economic concerns. The potential delay is likely a response to the ongoing cost-of-living crisis and the need to balance supporting workers while also not overburdening businesses. However, this move has faced criticism from some who argue that it could disadvantage young workers and undermine the principle of equal pay for equal work. The government has not yet made a final decision, and further details on the proposed timeline and any exemptions are still to be determined. The outcome of this decision will have significant implications for the financial well-being of younger workers in the UK.