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Chancellor John Healey suggested younger workers may not receive the same minimum wage as older workers before the next election, despite Labour’s 2024 pledge to end age-based pay bands. In 2026, workers aged 18 to 20 are due to earn at least £11.27 an hour, compared with £13.21 for those over 20. Healey said Labour remained committed to equalising the rates but would proceed “one step at a time,” citing the need to weigh wages against the effect on jobs.
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