UK National Living Wage Increases, Yet Falls Short of Real Living Wage Benchmarks

Monday, 1 April 2024, 11:28

The UK government has announced the largest increase in the minimum wage in over a decade, with the national living wage rising from £10.42 to £11.44 per hour. However, despite this boost, millions of workers will still be more than £1,000 short of achieving a real living wage standard. While the increase will benefit full-time adult workers by £1,800 per year, it highlights the ongoing challenge of achieving adequate wage levels to cover household costs.
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UK National Living Wage Increases, Yet Falls Short of Real Living Wage Benchmarks

The Rise in UK Minimum Wage

The UK government has recently increased the national living wage to £11.44 per hour, offering a significant boost to millions of workers across the country. However, this raise still falls short of providing a real living wage for many individuals.

Shortfall in Living Wage

Despite the increase in minimum wage, millions of workers will still face a shortfall of over £1,000 annually in meeting actual household expenses.

The expansion of the national living wage to cover younger workers is a positive step, but more efforts are needed to ensure fair and adequate wages for all individuals.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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