Living wages/ urban subsides

• Features of the Living wages/ urban subsides strategy:

  • The only UK wage rate paid by over 14,000 UK businesses who believe their staff deserve a wage which meets needs
  • £12.60 in the UK and £13.85 in London
  • Min wage - £12.21
• Advantages of the Living wages/ urban subsides:

  • It increases over time to reflect cost of living
  • In London it has lifted over 10,000 families out of poverty
  • 460,000 employees have recieved a pay rise
  • Higher in London to reflect cost of living
• Disadvantages of the Living wage/ Urban

  • It is voluntary, not everyone recieves it
  • May still not be enough to cover costs