All the updated news related to national living wage

All the news related to national living wage updated in real time

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National News

'An important step' - Irish workers to benefit from new national living wage

The Tánaiste has confirmed the introduction of a national living wage for employees. Leo Varadkar, who is also the Minister for Enterprise, Trade and Employment, today (November 16) outlined details of the wage, which will be introduced over a ...

17 Nov 2022 at 09:33

DerryNow

'How are a family on two minimum wages getting by? They're not'

County Derry mum says high childcare costs are leaving young families on low incomes unable to get by. Dr Ciara Fitzpatrick, from Magherafelt, is a lecturer at Ulster University and mother to Finian (3) and Bronwen (1). Ciara says her family ...

14 Mar 2023 at 17:33

City

Costa Coffee hikes salaries for around 16,000 workers ahead of minimum pay rise

Costa Coffee has unveiled plans to hike salaries for more than 16,000 UK workers as it became the latest firm to increase pay ahead of the minimum wage increase. The coffee chain, which is owned by the Coca-Cola Company, said it will raise ...

06 Mar 2023 at 11:30

City

Mitchells and Butlers celebrates strong sales but wage pressure grows

Harvester and Toby Carvery owner Mitchells and Butlers (M&B) has celebrated “strong” sales in recent weeks – but expects the upcoming increase in the national living wage to weigh on the hospitality firm’s costs. It came as the company ...

17 Jan 2024 at 15:08

What does the steep fall in inflation mean for UK households?

Cash-strapped households have been given a boost after inflation eased back by more than expected last month and raised hopes interest rates may soon start to come down. The Office for National Statistics (ONS) said Consumer Prices ...

20 Mar 2024 at 12:02

City

Minimum wage rise and wet weather hits UK hotel industry

Hotel workers were boosted by a rise in the minimum wage earlier this year, but now their employers are feeling the pinch. Cost pressures including the minimum wage increase have hit the profits of UK hotels, despite a surge in ...

04 Jun 2024 at 08:02

Jobs market weakens again after surprise rise in unemployment rate

Britain’s unemployment rate has unexpectedly risen to its highest rate for more than two years as the jobs market weakens further, although wage growth remains resilient, according to official figures. The Office for National ...

11 Jun 2024 at 10:36

City

Card Factory profits hit by soaring cost of staff wages

Retailer Card Factory has revealed tumbling profits after seeing costs soar due to higher staff wages after this year’s National Living Wage hike. The chain, which has more than 1,070 stores across the UK and Ireland, ...

24 Sept 2024 at 10:24

Minimum wage to rise 6.7% as Chancellor plots path to ‘genuine living wage’

The minimum wage will rise to £12.21 an hour next year after the Chancellor confirmed a 6.7% increase ahead of Wednesday’s Budget. Rachel Reeves described the move as a “significant step” towards delivering on ...

29 Oct 2024 at 18:00

Wage growth falls back further but continues to outstrip inflation

UK earnings growth has fallen back further amid mounting signs of a weakening jobs market, but wages are outstripping inflation at the fastest pace for more than two-and-a-half years, according to official ...

18 Jul 2024 at 11:30

City

Greggs raises prices of some items in face of higher staff wage bill

High street bakery chain Greggs has revealed it has increased prices on some of its bakes and sandwich ranges as it faces pressure from a soaring staff wage bill. The group’s chief executive, Roisin ...

30 Jul 2024 at 08:45

City

CBI chief hits out at Reeves after firms face ‘heavy burden’ from tax rises

Rachel Reeves’ Budget caught firms “off guard” and will undermine investment and jobs, the head of one of Britain’s leading business groups has said. Rain Newton-Smith, chief executive of the ...

25 Nov 2024 at 12:45

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