Living Wage raised to 13.45 pence; 14.80 in London, benefiting nearly half a million people

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London: Nearly half a million people will see their wages increase as the Real Living Wage rises. The Real Living Wage is a voluntary wage that is calculated based on the real cost of living. More than 16,000 employers now pay this rate. The wage has increased by 85 pence to £13.45 an hour. In London, it has increased by £95 to £14.80. The Living

Wage Foundation, which sets these rates, says that with this year’s wage increase, a full-time worker will earn £2,418 more per year than the government-set minimum wage. Those in London will receive an additional £5,050. The foundation also said that the number of employers willing to pay the Real Living Wage is

increasing . In the past year, 2,500 new employers have agreed to do so.