The share of jobs paid below the UK’s voluntary living wage rose at the fastest rate on record last year as hiring slowed, reflecting the pressures facing low-wage employers even before the autumn Budget landed them with higher taxes.
The Living Wage Foundation on Thursday said 5mn jobs — 15.7 per cent of all employee jobs in the UK — were paid less in April 2024 than the real living wage, which the charity sets annually at the minimum needed for acceptable living standards.
The living wage stands at £12.60 UK-wide and £13.85 in London, and the foundation’s research showed that 3.7mn jobs, or 13 per cent of the total, were low paid by this measure in 2023.