Working people £2,300 worse off under Theresa May’s watered down National Living Wage - It doesn'
The Tories don’t stand up for working people
Working people £2,300 worse off under Theresa May’s watered down National Living Wage
The Tories are today claiming that they will ‘continue increasing the National Living Wage’. However, hidden in the small print of their press release they let it slip that they are planning to water down the existing National Living Wage. This change would leave the average full-time worker on the National Living Wage £2,283 worse off by 2020.
In the last Parliament, George Osborne announced that the Tories’ so-called National Living Wage (NLW) was to hit £9 per hour by 2020. To get here the Tories promised that it would reach the level equivalent to “over 60 per cent of median hourly earnings” by 2020.
Today, they’ve broken this promise and changed their commitment to increasing the National Living Wage only “in line with median incomes”.
This means that the National Living Wage will be £8.20 in 2020 as opposed to the promise of £9 per hour under Osborne.
Labour is committed to a Real Living Wage of £10 per hour by 2020.
Scott said: "People who work hard should not be penalised by Government, Labour is committed to working for the many and not giving tax breaks to only millionaires.""Far too many families are accessing food banks, a parent who works, are on the breadline after paying their bills, it does not need to be this way."
