Business & Economy
£13.20 minimum wage reported ahead of Budget decision
The adult minimum wage is expected to rise to £13.20 an hour, The Times reported, with Reuters carrying the report. Ministers have not yet confirmed the Budget measure. The current statutory rate for workers aged 21 and over remains £12.71.
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From 27 October 2026 — UK Daily Brief
27 OCT 2026 · 18/25
The government is expected to raise the minimum wage for workers aged 21 and over to £13.20 an hour, according to a report in The Times carried by Reuters on Monday.
The reported increase would be about 3.9% above the current £12.71 rate. It is expected to form part of Wednesday’s Budget, but had not been formally confirmed when the report appeared.
The present adult rate took effect in April 2026. A reported future increase does not change the amount employers are legally required to pay now.
Different statutory rates apply to younger workers and apprentices. The reported adult figure should not be used to infer what will happen to those separate rates.
The Budget announcement will need to establish the final amount and effective date. Until then, £13.20 remains a reported proposal rather than an enacted change.