The National Living Wage has attracted much attention since its announcement last Summer, but that hasn’t stopped more employers signing up to the real Living Wage, which crucially is rooted in the cost of living facing families.
But in this new environment, what is needed to ensure that the Living Wage campaign continues to go from strength to strength? How can the Living Wage best reflect the cost of living and retain business support? And what’s the best way to recognise the higher costs faced by those in the capital?
At an event in central London, the Resolution Foundation presented the findings of its review into the methodologies behind the UK and London Living Wages. A panel of experts then discussed the future of the Living Wage, including the importance of ensuring changes in living costs are accurately reflected, and how its reach can spread to new employers and areas of the economy.