- 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.
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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.
That will piss off the Starmer haters on here.