Home NEWS-BUSINESSNEWS-BBC-BUSINESS National living wage rises by 6.2%

National living wage rises by 6.2%

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National living wage rises by 6.2%

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A 6.2% increase in the national living wage came into effect on Wednesday.

The increase was announced at the end of last year and was heralded by the government as “the biggest cash increase ever”.

The rise is more than three times the rate of inflation and takes hourly pay for people aged 25 and over to £8.72.

It has been welcomed by unions and comes as many workers across the country are on reduced pay because of the coronavirus lockdown.

The government’s coronavirus job retention scheme means employers can claim for 80% of wages in order to keep…

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