Question to the Department for Business and Trade:
To ask His Majesty's Government how many employers have received the maximum financial penalty for failing to pay the statutory minimum wage since its introduction.
There is no total maximum financial penalty for underpayment. The penalty is set at 200% of total arrears due to workers, subject to a minimum of £500 per case and a maximum of £20,000 per worker.
The number and maximum values of penalties per year since 2015/16 are outlined in Table 3 of the supplementary data for the National Living Wage and National Minimum Wage: government evidence on enforcement and compliance 2023.