Dec 31, 2019

National living wage to rise by 6.2% in April

The national living wage is to rise by 6.2% in what the government says is "The biggest cash increase ever". "Raising wage floors so far above the rate of inflation will pile further pressure on cash flow and eat into training and investment budgets," she said. The National Living Wage for ages 25 and above - up 6.2% to £8.72. Professor Arindrajit Dube, an academic in the US and an expert on the subject, said there was "Room for exploring a more ambitious national living wage" in the UK in the coming years. The government also said it will press ahead with recommendations by the Low Pay Commission to allow workers over 21 to receive the national living wage by 2024 when it is set to reach £10.50 an hour.

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