Headline : UK Living Wage raised to £7.85 per hour.
Excerpt from the Link "The UK Living Wage - an hourly rate based on the amount needed to cover the basic costs of living - has been raised by 20p to £7.85.
The voluntary rate has been adopted by more than 1,000 employers across the country, benefiting 35,000 workers.
It is now 21% higher than the compulsory UK minimum wage, set at £6.50 by the government.
A new Living Wage rate for London, currently £8.80 an hour, will be announced later on Monday."
My thoughts :
Any raise is good but it does rest on what is extra in the persons pocket so I'll be watching if this affects me , my colleagues and family.
Source : BBC News
On a side note this is going to be an interesting letter !
Excerpt from the Link "Millions of taxpayers will this week start to receive a breakdown of exactly how their tax has been spent by the government.
Twenty-four million people will receive their Annual Tax Summary in what the government is calling "a revolution in transparency"."