- 10.1% increase in real Living Wage, the largest year-on-year rise
- Over 390,000 Living Wage workers are set for a pay boost
- £338m in extra wages has gone to low-paid workers since January 2022, and more than £2bn since 2011
- The new rates are now worth almost £3,000 more per year in the UK than the minimum wage, and almost £5,000 more in London
Almost 400,000 people working for over 11,000 real Living Wage Employers throughout the country are set for a vital cost-of-living pay boost, as the new Living Wage rates rise to £10.90 an hour across the UK (£1 increase), and £11.95 an hour in London (90p increase), supporting workers and families. This year’s Living Wage rates have been brought forward in recognition of the sharp increase in living costs over the past year.
The real Living Wage rates remain the only wage rates independently calculated based on what people need to live on. This year the rate increased by 10.1% in the UK, more than ever in the Living Wage Foundation’s 11-year history reflecting sharp increases in living costs.
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