hilts
Well-Known Member
The real living wage and the (fake) living wage, bad idea from the tories to rename it.The Living Wage Foundation calculate what they think is a "living wage":
The real Living Wage remains the only UK Wage rate calculated on the real cost of living. It is voluntarily paid by over 16,000 UK businesses who have chosen to transform millions of people’s lives and raise the bar for what decent work looks like in the UK.
Nearly half a million employees have received a pay rise as a result of the Living Wage campaign, and we enjoy cross-party support. We have a broad range of employers accredited with the Foundation including half of the FTSE 100 and big household names including Nationwide, Ikea, Everton FC and Aviva, as well as thousands of SMEs.
The Living Wage rates for 2025-26 were announced on the 22nd October. Employers now have 6 months to implement them by May 1st 2026.
In response to the Campaign, the Tories just renamed the Minimum Wage as the Living Wage (renamed but not recalculated). Labour hasn't changed that, but has put it up by 11% over two years, and reduced the age for it fromn 23 to 21. For under 21s, it's still called the Minimum Wage. And some businesses hate it. And the Telegraoph etc...
Its not really a great look.....
We will raise the living wage to a figure you can't live on.
Only in the UK :-)