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London Living Wage up to £8.55

The Living Wage rate for workers in the capital is to increase by 25p an hour to £8.55, the Mayor of London has announced. Labour leader Ed Miliband is to unveil plans for a national equivalent of £7.20 per hour.

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Boris: Living Wage is a badge of honour for firms

London mayor Boris Johnson has called on more businesses in the capital to sign up to the Living Wage initiative.

The rate in the capital was increased from £8.30 to £8.55 today.

We have a huge range of household names on board and I want to see more coming forward. I’m sure that the new Living Wage Foundation trademark will become a fantastic badge of honour for the capital’s employers and add further momentum to a campaign I wholeheartedly support.

– Boris Johnson, London Mayor

There are 94 living wage employers in the UK, with 44 in the process of acquiring accreditation.

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