Minimum wage workers will receive a 51p an hour boost from April, the Government announced last night.
The National Living Wage, which is the legal pay floor for employees aged 25 and over, will rise from £8.21 to £8.72.
The rate for 21 to 24 years olds will climb from £7.70 to £8.20.
In contrast, the Real Living Wage, set by independent experts and championed by the Living Wage Foundation, is £9.30 an hour rising to £10.75 in London, where costs are higher.
It is earned by all workers regardless of their age.
Some 2.8 million employees are due to benefit from the hikes revealed by the Government.
(Image: MustiqueIsland.com)
The Treasury said it equates to an annual pay rise of £930 for a full-time worker aged 25 and over.
Prime Minister Boris Johnson , who is on holiday on the private Caribbean island of Mustique, said: “Hard work should always pay, but for too long, people haven’t seen the pay rises they deserve.”
He added:“Our government will put a stop to that, giving nearly three million people from Edinburgh to Eastbourne a well-earned pay rise, including the biggest ever cash boost to the National Living Wage.”
At this month’s(DEC) general election , Labour promised an immediate £10 an hour minimum wage for all workers aged 16 and over.
