“Employment is up, investment is growing, public services are improving, public finances are stabilising and wages are rising.” - the words of Sunak today as he opened up todays budget.
It all sounded vey positive, but what WE want to know is, how will it impact your beauty business? So we put together the following:
National Living Wage & National Minimum Wage
Compared to 2020, wages have grown by 3.4%. This move will help more than two million of the lowest-paid workers, Mr Sunak says.
The National Living Wage will rise by 6.6% from the current living wage of £8.91 to £9.50 per hour from 1 April, which the government says will give full-time workers an extra £1,000 a year.
The National Living Wage is what the government has called the National Minimum Wage for anybody above 23-years-old. The National Minimum Wage is for anybody below this age, but both wages see a rise in the Budget.
People aged 21 to 22 will see an increase to £9.18 an...
The only five steps you need to take to scale your beauty business and make more money on doing what you love.