New ‘Living Wage’ published

The Living Wage Foundation has published their new ‘Living Wage’ rates – up from £9.50 to £9.90 across the UK (40p increase), and from £10.85 up to £11.05 in London (20p increase).

The Living Wage rates are the only rates independently calculated based on what people need to live on.

This follows on from the government’s announcements last month, and as mentioned in that post, a lot of it will get swallowed up by the tax/NIC rises, the universal credit cut that has just landed, and, of course, the higher energy and fuel bills that disproportionately hit low-income households.