Over 1,000 businesses are accredited London living wage employers, with 1,200 signing up nationwide in the past year.
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The London Living Wage will be raised from £10.20 to £10.55 per hour, a 3% increase.
Over 1,000 businesses are accredited London living wage employers, with 1,200 signing up nationwide in the past year.
Some 180,000 employees will receive the pay rise, which has risen faster in London than the rest of the UK.
Several events are being held across the capital to promote the campaign.
Monzo, the UK app-only bank, is hosting a tech-sector focused event on Thursday, while Hackney Council is staging a networking event on Friday to try and recruit more businesses to pay the voluntary wage.
Amy Hulme, programme director at the Living Wage Foundation says that 80% of the companies paying the wage are small and medium-sized businesses.
“We’ve got the butcher, the baker, the candlestick maker all signed up now. It makes a huge difference to peoples’ lives,” she said.
The rate is £2.12 higher than the government’s statutory living wage of £7.83, which doesn’t carry a London weighting.
Hulme told City News that the relevant Parliamentary Committees have openly told the foundation they have ‘won the argument’ over low pay.
“It’s just taking the government some time to get there. There is clearly a problem of low pay, especially in London.”
Some of the most high-profile payers of the London living wage include Chelsea and West Ham football clubs, Ikea, Burberry and Queen Mary University.
Hulme added that the wage is particularly significant for ‘hidden’ employees such as cleaners and cooks.
The UK-wide rate is now at £9.
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HeadlineLondon Living Wage set to increase by 3% to £10.55 per hour
Short HeadlineLiving Wage to increase to £10.55ph
StandfirstSome 180,000 employees will receive the pay rise, which has risen faster in London than the rest of the UK.
The London Living Wage will be raised from £10.20 to £10.55 per hour, a 3% increase.
Over 1,000 businesses are accredited London living wage employers, with 1,200 signing up nationwide in the past year.
Some 180,000 employees will receive the pay rise, which has risen faster in London than the rest of the UK.
Several events are being held across the capital to promote the campaign.
Monzo, the UK app-only bank, is hosting a tech-sector focused event on Thursday, while Hackney Council is staging a networking event on Friday to try and recruit more businesses to pay the voluntary wage.
Amy Hulme, programme director at the Living Wage Foundation says that 80% of the companies paying the wage are small and medium-sized businesses.
“We’ve got the butcher, the baker, the candlestick maker all signed up now. It makes a huge difference to peoples’ lives,” she said.
The rate is £2.12 higher than the government’s statutory living wage of £7.83, which doesn’t carry a London weighting.
Hulme told City News that the relevant Parliamentary Committees have openly told the foundation they have ‘won the argument’ over low pay.
“It’s just taking the government some time to get there. There is clearly a problem of low pay, especially in London.”
Some of the most high-profile payers of the London living wage include Chelsea and West Ham football clubs, Ikea, Burberry and Queen Mary University.
Hulme added that the wage is particularly significant for ‘hidden’ employees such as cleaners and cooks.
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