The minimum wage for people aged 25 and older could rise 50p an hour if the island’s lawmakers agree.

The Department of Economic Development is seeking Tynwald approval of the Minimum Wage Committee’s recommendations to increase the island’s minimum wage rates.

It is also looking to introduce a new minimum wage band for employees aged 25 or over into line with changes being implemented in the UK next month.

The minimum wage for workers aged 25 and above would be £7.50 an hour, a 50p increase from the current hourly rate.

This would bring the island’s minimum wage for this rate into line with the UK’s national living wage.

If the recommendations are approved, the hourly rate for employees aged 21 to 24 would increase by 20p from £7 to £7.20.

Those aged between 18 and 20 and trainees over the age of 18 would see their hourly rate increased to £6.85.

Employees aged 16 and 17 would see their hourly rate increase to £5.70.