A new living wage rate for the UK has been announced in York this morning by the chief executive of the Joseph Rowntree Foundation.
It is now set at £7.45 per hour – an increase of 25p on the previous rate of £7.20 per hour. The Living Wage is the pay needed to provide an adequate standard of living. It compares to the national minimum wage rate of £6.19 an hour.
New figures released today show that the Living Wage campaign, launched by charity Citizens UK in 2001, has lifted 45,000 people out of working poverty and won over £200m of improved pay for low-income workers.