Pay boost for millions of workers next year
www.gov.uk
Chancellor announces pay rise for over 3 million workers next year, as National Living Wage rises by 6.7%.
  • Chancellor announces pay rise for over 3 million workers next year, as National Living Wage rises by 6.7%
  • Pay boost worth £1,400 a year for an eligible full-time worker – a significant move towards delivering a genuine living wage.
  • 18-20 National Minimum Wage will rise by £1.40 per hour - the largest increase on record - and marks first step towards a single adult rate.
  • TheGrandNagus@lemmy.worldEnglish
    2·
    16 hours ago

    That’s a larger increase than I was expecting, what, like 3x inflation?

    It’s certainly not a magic silver bullet that singlehandedly fixes our low wage economy like a lot of people on Reddit/Lemmy appear to expect, but it’s a positive step at least.

    I just really hope there’s serious infrastructure and employment investment, particularly in the seriously impoverished areas like the North East of England. And I hope their planning permission changes will actually have a noticeable effect. Time will tell.