Business

'Real living wage' puts £1 billion into people's pockets

Figures say the campaign for a so-called real living wage has given more than £1 billion in extra wages to workers since it was launched in 2001
Figures say the campaign for a so-called real living wage has given more than £1 billion in extra wages to workers since it was launched in 2001 Figures say the campaign for a so-called real living wage has given more than £1 billion in extra wages to workers since it was launched in 2001

THE campaign for a so-called real living wage has given more than £1 billion in extra wages to workers since it was launched in 2001, new figures suggest.

The Living Wage Foundation said more than 200,000 people had been lifted out of working poverty as a result of a growing number of firms agreeing to pay the rate, which currently stands at £9 an hour and £10.55 in London - both higher than the statutory figure of £8.21 for adults.

The campaign began in east London, where cleaners working in the City worked multiple jobs and long hours on the minimum wage, and were struggling to keep their heads above water.

The rate covers essential items such as housing costs, food, transport and childcare, as well as purchases such as a winter coat for children.

Katherine Chapman, director of the Living Wage Foundation, said: "We're delighted to announce that the living wage movement has now put over £1 billion pounds back into the pockets of low-paid workers, providing hundreds of thousands of workers with dignity and security.

"We talk to workers every day who tell us the difference a real living wage has made to them. Some have been able to cut back on overtime so they can get home to see their children before bedtime.

"For others it's meant they no longer have to choose between heating their home or putting food on the table."