UK: National Living Wage increase raises income of low-paid workersChristian Fernsby ▼ | April 1, 2020
The National Living Wage (NLW) will increase on Wednesday 1 April to £8.72 i n the UK, giving a pay rise to thousands of workers at the frontline of the UK’s response to coronavirus.
Better living A pay rise for thousands of workers
Topics: Wage worker UK
It means the rate reaches the target of 60 per cent of median earnings, originally set by the Government in 2015.
In the 11 March Budget, the Government confirmed its ambition for the NLW to continue increasing towards a new target of two-thirds of median earnings by 2024.
It asked the LPC to advise on whether the economic evidence warranted these increases.
The LPC will make its recommendations to Government on the 2021 National Minimum Wage rates in October. ■