National Living Wage

The current National Minimum wage for those over 21 is £11.44 per hour - for 18-20 year olds it is set at £8.60.

The National Living Wage will increase in 2024 to end low hourly pay for full-time workers and those hit hard by the cost of living crisis across the UK.

Approximately half a million employees employed by companies committed to the voluntary Real Living Wage are poised to experience a substantial increase in their earnings, bringing their minimum hourly wage to at least £12.

"We're giving over two million workers a wage boost worth over £1,000," the Conservative Party announced today after revealing plans to punish the 'workshy' benefit claimants.

Care homes are struggling nationwide due to council fee income reductions and increased wage costs.

New report warns automation might be deployed to mitigate effects of a higher wage bill.

All four MPs responsible for the Social Mobility Commission have quit, issuing a sharp warning that the government is more preoccupied with Brexit than working to help disadvantaged citizens.

The richest 10% of households hold 45% of all wealth.

Report from Equality Trust warns of growing inequality as CEOs 'gorge on obscene rewards'.

Aldi's new pay rates put it well above the government's minimum wage and national living wage levels.

The National Living Wage assures higher minimum wages of at least £7.20 an hour to staff aged 25 and above.

Revenue rises 14% year-on-year in the six months to 16 October period to £1.04bn.

Chancellor Philip Hammond to unveil measures to build 40,000 more affordable homes in England.

Chancellor Philip Hammond will also announce £1.4bn investment to help build 40,000 homes.

This is said to be the highest single payout made by any UK company till date in this regard.

The findings are based on an Ipsos MORI survey of 500 business organisations.

However, hospitality industry manages to buck trend as it witnesses an rise in job listings.

Demonstration by Class War and trade unionists was attended by shadow chancellor John McDonnell.

EU nationals residing in the UK now stands at 3.3m – an increase of almost 700,000 in five years.

The coffee chain will extend the new wage policy to even those employees who are below 25 years.

The new national living wage of £7.20 per hour hurts retailers as it increases their costs.

Increase productivity and improve business functions and wage increases shouldn't be an issue.

Employers face tougher penalties for avoiding paying the new National Living Wage of £7.20 an hour.

The Office for Budget Responsibility estimates 60,000 jobs will be lost by 2020 because of the rate.

National Living Wage will come into effect on Friday 1 April meaning workers aged 25 and over will be paid £7.20 an hour.

The chancellor has shown he is willing to tolerate fewer jobs for higher pay - for others.

Majority stakeholder and deputy chair Mike Ashley admitted: "We're in trouble".

Living wage policy will make it more attractive for companies to hire contractors rather than full-time staff.

Technology and the rising minimum wage will be the reasons for the same.

CBI director Carolyn Fairbairn warns UK businesses being burdened by government.