The introduction of the living wage across the UK could save the UK £billions, a new report argues.
Think tanks IPPR and the Resolution Foundation worked jointly on the analysis that suggests a national living wage could add £6.5 billion to the gross earnings of the UK's workers.
The living wage is calculated as the minimum rate needed to sustain a basic but acceptable standard of living, and is currently set at £7.45 an hour (£8.55 in London).
The report reveals that the...
