Living wage estimated to rise by '65p an hour' next year

THE national living wage could rise by as much as 65p an hour next year, an advisory body has estimated, as the terms of its annual review of wage rates were published.

- 

Ministers are determined to deliver “a genuine living wage”, according to the Low Pay Commission's (LPC) latest remit for increasing the so-called national living wage - the UK minimum wage for workers aged 21 and older. At the moment, the national living wage is £12.21 an hour.

The LPC estimates this will need to increase to £12.71 in 2026 to not fall below two-thirds of median earnings: the threshold the Government expects it to stay above.