The minimum wage is going up – but by less than the rate of inflation.
The rate will rise by 3.7 per cent to £4.67 per hour for under-17s, £5.24 for under-18s and £5.40 for adults.
Tynwald will discuss the figures when it sits on July 10.
-
DAB+, FM & AM 89, 89.5, 97.2, 103.7 & AM1368
-
Online Listen on Radioplayer
-
Mobile Download the app
-
Smart Speaker Ask your speaker 'play Manx Radio'
Minimum wage rise
More from Isle of Man Business
-
Food wholesaler to close after 55 years
KC Foods has been in business on the Island since 1971
-
Manx Radio reports financial loss amidst ‘continued market uncertainty’
Loss of around £20k reported by national broadcaster
-
Steam Packet reports higher revenue and busiest passenger year since 2007, despite dip in profit
Directors’ report show growth in passenger and freight income in 2024, while costs rose and the company seeks more time to replace Manannan
-
Strike off process against companies with out-of-date information starts
800 of 1900 companies have taken necessary action
