- Chancellor announces pay rise for over 3 million workers next year, as National Living Wage rises by 6.7%
- Pay boost worth £1,400 a year for an eligible full-time worker – a significant move towards delivering a genuine living wage.
- 18-20 National Minimum Wage will rise by £1.40 per hour - the largest increase on record - and marks first step towards a single adult rate.
That’s a larger increase than I was expecting, what, like 3x inflation?
It’s certainly not a magic silver bullet that singlehandedly fixes our low wage economy like a lot of people on Reddit/Lemmy appear to expect, but it’s a positive step at least.
I just really hope there’s serious infrastructure and employment investment, particularly in the seriously impoverished areas like the North East of England. And I hope their planning permission changes will actually have a noticeable effect. Time will tell.
E: no lol, they cancelled infrastructure improvements in the North East. Red or Blue, we always get fucked to the benefit of London and the South East.