low pay commission news and archive

Small businesses struggle to meet the living wage

Research from the Federation of Small Business has found that small firms are having to raise prices, reduce staff working hours and cut investment to account for the new National Living Wage rise increase. The Q2 Small Business Index reveals that 47 percent of small businesses cite wages as the main contributor to the rising cost of doing...

Member

Business

National minimum wage to rise by 20 pence an hour

National minimum wage will increase by 20 pence an hour to 6 pounds 70 pence from October, the largest real-terms increase in the National Minimum Wage since 2008. The announcement means a 3 percent increase for adults, benefiting more than 1.4 million workers across the UK, while minimum pay for 18 to 20-year-olds will go up to 5 pounds 30...

Retail

Independent body recommends minimum wage rise

The Low Pay Commission, the independent body that advises the government on the minimum wage, is recommending that the adult rate is increased by 3 percent, from 6.50 to 6.70 pounds an hour. If the recommended hourly rate is approved it would be the biggest increase since 2008 and would be worth over 400 pounds to a full time worker. If the...