NMW going up to £9.50. Near the £10 an hour that MacDonalds workers want.
https://news.sky.com/story/budget-20...-hour-12444307
The chancellor is set to increase the national living wage to £9.50 in Wednesday's budget, Sky News has been told.
It will rise from the current living wage of £8.91 per hour for those aged 23 and over, which the government says will give full-time workers an extra £1,000 a year.
The national living wage is what the government has called the national minimum wage for anybody above 22-years-old since 2016.
Those below that age are eligible for what is called the "national minimum wage", which will also see a rise.
Those below that age are eligible for what is called the "national minimum wage", which will also see a rise.
People aged 21-22 will see an increase to £9.18 an hour from £8.36 and apprentices, who must be aged 16 or over and not in full-time education, will get a rise to £4.81 from £4.30.
However, the chancellor has made no announcement on other age groups, with under 18s currently getting £4.62 and 18 to 20-year-olds getting £6.56 an hour.
Despite its name, the national living wage has previously not been based on the true cost of living, however, by increasing it to £9.50 it brings it up to the actual living wage of those outside London, according to the Living Wage Foundation.
https://news.sky.com/story/budget-20...-hour-12444307
The chancellor is set to increase the national living wage to £9.50 in Wednesday's budget, Sky News has been told.
It will rise from the current living wage of £8.91 per hour for those aged 23 and over, which the government says will give full-time workers an extra £1,000 a year.
The national living wage is what the government has called the national minimum wage for anybody above 22-years-old since 2016.
Those below that age are eligible for what is called the "national minimum wage", which will also see a rise.
Those below that age are eligible for what is called the "national minimum wage", which will also see a rise.
People aged 21-22 will see an increase to £9.18 an hour from £8.36 and apprentices, who must be aged 16 or over and not in full-time education, will get a rise to £4.81 from £4.30.
However, the chancellor has made no announcement on other age groups, with under 18s currently getting £4.62 and 18 to 20-year-olds getting £6.56 an hour.
Despite its name, the national living wage has previously not been based on the true cost of living, however, by increasing it to £9.50 it brings it up to the actual living wage of those outside London, according to the Living Wage Foundation.
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