Boris Johnson agrees more needs to be done to increase living wage
Published by Max Salsbury for 24dash.com in Housing and also in Finance, Local Government
Boris Johnson launches 'zero landfill waste' strategy for London
London Mayor Boris Johnson has agreed that more needs to be done to roll out the living wage (LW), after coming under pressure from Labour London Assembly group leader, Len Duvall.
Labour has warned that at the current rate, it will take 450 years for all low paid workers in the capital to receive the LW.
The LW, which is calculated as the minimum rate needed to sustain a basic but acceptable standard of living, is currently set at £8.55 per hour in London and at £7.45p/h across the rest of the country.
Research by think tank the Resolution Foundation found that 1.4 million more workers are now being paid less than the living wage compared to 2009.
Johnson agreed that more effort was needed to apply the LW during today's Mayor's question time.
Len Duvall said: "We feel this issue is extremely important and we will hold to boris to his promises to improve the pay conditions of London's lower paid workers."
The Labour leader had previously stated that: “Londoners are struggling with a cost of living crisis with rents, food, fuel, childcare and fares outstripping wages. We have more workers being paid below a living wage whilst top executive pay has risen by 17% in the past two years. The economy may be picking up but this is a recovery for the few not the many. The irony will not be lost on Londoners that the economic crisis was caused by the few but it is everyone else who has had to suffer with austerity."