Cola Increase 2024 Forecast Uk. For an nlw worker working 37.5 hours per week, the increases announced today will increase their annual pay by £1,994.36 and their monthly pay. Accelerate at a cagr of 5.38%
The uk is expected to have the highest inflation in the g7 not just this year but also in 2023 and 2024, according to economists, reflecting how britain is struggling with a toxic combination of. The cost of living increased sharply across the uk during 2021 and 2022.