The Joseph Rowntree Foundation sets a new Living Wage annually and this year's rate is £7.45, a 25p increase.
Ed Miliband will make a speech later this morning to set out the case for companies to pay the Living Wage.
More top news
Tonight: a transgender 8-year-old, how a horse is helping a boy with Asperger's and a nurse who would prefer not to be noticed.
As we go into the Bank Holiday weekend, the changeable weather pattern looks set to continue.
Labour leadership contender Andy Burnham has called for the House of Lords to be scrapped, saying it's "a national embarrassment".