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Living Wage rates updated as new companies pledge support

02 November 2016

Announcements continue to be made as part of this week's Living Wage Week, which began on Sunday.

In addition to new companies pledging their support for the scheme, updates to payment levels have also been announced.

Previously set at £8.25 per hour, the new rate will increase by 20p to £8.45 per hour.

Mayor of London Sadiq Khan has announced that the rate for those living in the capital will increase by 35p to £9.74 an hour.

This is separate from the government's National Living Wage, which is £7.20 an hour for employees of 25 years and older, introduced earlier this year.

An increasing number of businesses are also signing up to the voluntary UK scheme, run by the Living Wage Foundation.

Now approaching the 3,000 mark, it includes large organisations such as Ikea and EDF.

Curzon Cinemas, Everton Football Club, the British Library and RSA Insurance have also signed up this week.

The voluntary living wage level is calculated by the Resolution Foundation and overseen by the Living Wage Commission.

Irish Minister for Employment and Small Business Pat Breen TD has also announced a pay increases for contract cleaners.

The new rate of euro 10.05 will come into effect 55 days from 1 November 2016.

Additionally, deductions and charges for uniforms have been stopped.

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