In London, up to 260,000 workers are experiencing increased pay due to the implementation of new National Living Wage and Minimum Wage rates. This uplift, amounting to an additional £1,400 per year for eligible full-time workers, aims to improve financial security and living standards. Employment Rights Minister Justin Madders emphasized the importance of fair compensation, highlighting efforts to ensure wages reflect cost of living and inflation. The Employment Rights Bill is also expected to aid some low-paid workers with an additional £600 annually, contributing to better quality of life.
For the first time, this Government instructed the Low Pay Commission to include the cost of living and inflation in its wage rate assessments.
By ensuring a hard day's work is rewarded with a fair day's pay, we're raising living standards for millions of families in the UK.
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