At a packed May Day event organised by London Citizens, the Chief Executive of Trust for London (one of Kalayaan’s funders), Bharat Mehta had the privilege of announcing the new London Living Wage figure, set annually by the Greater London Authority.
The new rate of £8.30 rose by 5.7%, which is the largest increase since its introduction.
The recent GLA report, A Fairer London: The 2011 Living Wage in London highlights that 1 in 10 of full-time and 4 in 10 part-time workers are not paid the London Living Wage.
The event also saw the launch of the Living Wage Foundation , the new accreditation body for this work; and the launch of a campaign organised by Fair Pensions to persuade FTSE 100 companies to adopt the living wage.
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