Sadiq Khan has announced a rise in the London living wage
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Londoners can expect a 10% pay rise according to Sadiq Khan and the Living Wage Foundation.
The new figures show £13.15 per hour for people living in London, and £12 nationally, meaning a pay rise for thousands of workers. 3,500 employers in the capital have signed up for the scheme, and have until May 1st 2024 to implement the increase.
The special wage was calculated by the charity the Living Wage Foundation and based on the current cost of living.
According to the Living Wage Foundation website, the new rates are “worth over £3,000 more per year in the UK than the minimum wage, and over £5,000 more in London”.
The £1.20 increase for Londoners is considered a “vital cost-of-living pay boost” according to the Living Wage Foundation website.
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HeadlineNew London living wage rise
Short HeadlineLondon living wage to rise to £13.15 per hour
StandfirstLondon Mayor Sadiq Khan has announced a six-fold London living wage increase since he was elected
Londoners can expect a 10% pay rise according to Sadiq Khan and the Living Wage Foundation.
The new figures show £13.15 per hour for people living in London, and £12 nationally, meaning a pay rise for thousands of workers. 3,500 employers in the capital have signed up for the scheme, and have until May 1st 2024 to implement the increase.
The special wage was calculated by the charity the Living Wage Foundation and based on the current cost of living.
According to the Living Wage Foundation website, the new rates are “worth over £3,000 more per year in the UK than the minimum wage, and over £5,000 more in London”.
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