Politics
‘Significant change’ needed to meet living wage target by 2026
Low Pay Commission to tell politicians that current minimum wage is ‘well below’ 60 per cent of hourly median wages target
The government will need to make a “significant change” to the minimum wage in each of the next two budgets to meet its living wage target by 2026, the Low Pay Commission has said.
Last November, the government announced plans to introduce a national living wage by January 2026, which would be set at 60 per cent of hourly median wages.
The introduction of this living wage will be achieved through incremental increases to the ...
