Minimum wage in United Kingdom increases to £5.35
{{date|October 1, 2006}}

A [[w:minimum wage|minimum wage]] increase has come into effect in the [[United Kingdom]]. Workers of ages over 21 will now receive £5.35, which at current exchange rates is US$10.03. There was also an increase for persons under 21. It is estimated that 170,000 people in the United Kingdom do not receive the minimum payments for their work. £1.3m has been recovered by [[w:Her Majesty's Revenue and Customs|Revenue and Customs]] for underpaid workers.

The minimum rate for persons aged 18-21 has increased by 20p to £4.45. Also, for persons aged 16-17, the minimum rate has increased by 30p to £3.30.

The new United Kingdom adult minimum wage is roughly twice the United States' minimum wage of $5.15. The young person minimum wage of £3.30 is equivalent to about US$6.15, the state minumum wage in Florida and other US states. 

== Related news ==

*{{wikinews|title=Minimum wage in United Kingdom increases to £5.05|date=October 1, 2005}}

== Sources ==

*{{source|url=http://news.bbc.co.uk/1/hi/uk/5396110.stm
|title=Minimum wage increases to £5.35
|author=
|pub=BBC News Online
|date=October 1, 2006}}

*{{source|url=http://www.gnn.gov.uk/Content/Detail.asp?ReleaseID=230965&NewsAreaID=2
|title=Boost for 1,300,000 low paid workers 
|author=Department of Trade and Industry (National)
|pub=Government News Network
|date=October 1, 2006}}

{{Publish}}
{{Archived}}
[[Category:Economy and business]]
[[Category:United Kingdom]]
[[Category:Europe]]
A minimum wage increase has come into effect in the United Kingdom. Workers of ages over 21 will now receive £5.35, which at current exchange rates is US$10.03. There was also an increase for persons under 21. It is estimated that 170,000 people in the United Kingdom do not receive the minimum payments for their work. £1.3m has been recovered by Revenue and Customs for underpaid workers.

The minimum rate for persons aged 18-21 has increased by 20p to £4.45. Also, for persons aged 16-17, the minimum rate has increased by 30p to £3.30.

The new United Kingdom adult minimum wage is roughly twice the United States' minimum wage of $5.15. The young person minimum wage of £3.30 is equivalent to about US$6.15, the state minumum wage in Florida and other US states. 

*
Economy and business United Kingdom Europe