Andy Bagnall, director at KPMG UK, comments on the new Living Wage* rates announced today by the Living Wage Foundation and the Greater London Authority. He said:
“Today’s announcement will see a significant number of employees that work for a Living Wage accredited business get a pay rise. The increase of just over four percent in London (£9.75 to £10.20) and three percent nationally (£8.45 to £8.75) may seem like small change to some, but for many it’ll make a huge difference to their lives, helping escape in-work poverty.
“The reality is that those at the