Abolishing the lower rate for younger people will also be carried out in stages.
Keir Starmer has taken the first step towards handing around 200,000 Scots a pay boost next year through a “genuine” living wage.
“The new remit to the LPC is the first of many vital steps we will take to support more people to stay in work and improve living standards.The Government sets the living wage rates following advice from the LPC and the rates will increase in April 2025.Chancellor Rachel Reeves said: “Economic growth is our first mission, and we will do everything we can to ensure good jobs for working people. But for too long, too many people are out of work or not earning enough.
TUC General Secretary Paul Nowak said: “Hard work should pay for everyone. These are significant first steps towards making the minimum wage a real living wage and will make a difference to millions. We welcome the Government’s decision to ask the Low Pay Commission to be more ambitious next year and into the future.
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