Half a million workers set to receive hourly pay rise

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Almost half a million workers paid the voluntary so-called real living wage are set to receive an increase after new rates were announced.The hourly rate will rise by 85p to £13.45 an hour, or 6.7 per cent, and by 95p to £14.80 an hour in London - a 6.9 per cent increase. ‌

The improved rates will be paid by the growing number of real living wage employers, which now total more than 16,000. This year’s rise means a full-time worker earning the real living wage will take home £2,418 more per year than someone on the UK Government’s minimum wage, and £5,050 more in London, said the Living Wage Foundation , which sets the rates. ‌

The foundation said that despite economic challenges in the UK, the number of employers signed up to pay the real living wage has