Boris Johnson announces 25p increase in London ‘living wage’

The Guardian newspaper online has posted good news for workers in the capitol:
(click on the quote below to go to the main article)

Boris Johnson, the mayor of London, today announced a 25p increase in the London “living wage”, bringing to £7.85 the hourly rate that Londoners are judged to require to lift them out of poverty.

The Conservative mayor urged all employers in the capital to follow the GLA’s lead and “pay a fairer wage” to those working and living in the capital as he outlined a 3.3% rise in the unofficial minimum wage for Londoners.

The living wage reflects the fact that those working and living in the capital need an hourly wage rate set at 17% above the national minimum wage rate of £5.80 to take them above the poverty level.

To read more about the Living wage visit the LivingWageEmployer site.