The London Living Wage (LLW) has been increased to £10.75 an hour. That's 1.9% up from last year's rate.
60,000 Londoners, working at 1,758 accredited LLW employers, are set to benefit from the pay rise. Living Wage employers have six months to implement the pay rise, although some will do so immediately.
The rate is calculated independently by the Resolution Foundation and overseen by the Living Wage Commission.
Among the latest businesses to sign up to become accredited LLW employers are London City Airport and Crystal Palace Football Club. (Presumably the players are on slightly more than that.)
London is also home to the country's first Living Wage building — 3Space International House in Brixton. All employee here earn at least LLW.
There's still a way to go. One in five jobs in London still pay less than the Living Wage. This year, we've continued to see strikes from employees demanding the wage — including those from well-known London institutions, including the Science Museum and Museum of London.
The new National Living Wage has risen to £9.30.
