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Finance · 6 November 2025

UK Minimum Wage Rise Creates Economic Tensions as Employment Falls and Graduate Jobs Shrink

UK Minimum Wage Rise Creates Economic Tensions as Employment Falls and Graduate Jobs Shrink

Starting April 2025, those aged 21 and above in Britain must be paid a minimum of £12.21 per hour, with an increase to £12.70 scheduled for 2026. Official figures show payroll employment dropped by over 115,000 between August 2024 and August 2025. Recent data highlights tougher conditions for graduates, including heightened competition for fewer vacancies and worries about entry-level pay compared to the minimum wage.

Reported by CNBC · How we write briefs

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