1 result for tag: Living Wage Foundation

Government confirms minimum wage increase to go ahead on April 1

By Peter Lazenby March 27, 2020 AN INCREASE in the minimum wage will go ahead on April 1, the government confirmed today – despite a think tank’s opposition to the measure in the light of the coronavirus outbreak. The right-leaning Institute for Fiscal Studies had questioned whether a rise in the statutory minimum hourly rate from £8.21 to £8.72 “still makes sense” given the chaos caused by Covid-19. But even after the increase the minimum wage will remain below the Living Wage Foundation’s target of £10.75 in London and £9.30 elsewhere — figures based on the minimum a worker needs to get by. Read More