The Upcoming
  • Culture
    • Art
    • Cinema
      • Movie reviews
      • Film festivals
    • Food & Drinks
      • News & Features
      • Restaurant & bar reviews
      • Interviews & Recipes
    • Literature
    • Music
      • Live music
    • Theatre
    • Shows & On demand
  • Fashion & Lifestyle
    • Accessories
    • Beauty
    • News & Features
    • Shopping & Trends
    • Tips & How-tos
    • Fashion weeks
  • What’s On
    • Art exhibitions
    • Theatre shows
  • Tickets
  • Join us
    • Editorial unit
    • Our writers
    • Join the team
    • Join the mailing list
    • Fund us
    • Contact us
  • Interviews
  • Competitions
  • Special events
    • Film festivals
      • Berlin
      • Tribeca
      • Cannes
      • Sundance London
      • Venice
      • London
      • Toronto
    • Fashion weeks
      • London Fashion Week
      • New York Fashion Week
      • Milan Fashion Week
      • Paris Fashion Week
      • Haute Couture
      • London Fashion Week Men’s
  • Facebook

  • Twitter

  • Instagram

  • YouTube

  • Tumblr

  • RSS


Miliband sets out proposals for £7.20 an hour living wage

Miliband sets out proposals for £7.20 an hour living wage
5 November 2012
Alexander Clackson
Avatar
Alexander Clackson
5 November 2012

The Labour leader, Ed Miliband, has said that it is time for businesses to pay its employees a rate that would ensure an acceptable standard of living.

As part of Labour’s policy review, the left-leaning party is proposing ways to make the rate, which is more than £1 higher than the current national minimum wage for adults, the new standard rule for employers. 

Labour leader Ed Miliband wants to put the “living wage” at the centre of his party’s policy
Photo: Egle Kristen/Press.net

The companies who do not pay the living wage could be named and shamed using the new corporate governance proposals, and Whitehall contracts could be minimised to firms that pay their workers at the new higher hourly rate. 

Despite having a strained relationship over the last few years, the Miliband brothers are now said to be cooperating jointly on developing the new policy for a living wage, which would increase to over £8.30 in London.

The Labour leader said: “You go out, slog your guts out…you deserve a decent wage if the company can afford it. We’ve got a growth crisis in Britain but we’ve also got a living standards crisis, because the proceeds of economic growth are not being fairly distributed anymore,” Ed Miliband told The Independent yesterday.

Commenting in The Observer, in a joint article with the Unison general secretary, Dave Prentis, David Miliband asked for “fair pay for a fair day’s work” as part of the “basic deal” for low earners.

“This problem needs to be mended if we are to make progress as a nation,” the pair have concluded.

The Institute for Fiscal Studies has calculated that for every worker who has started to receive the living wage, the Treasury would save approximately £1,000 from less squandering on tax credits and from a raise in tax revenue.

Some major firms, including Barclays bank, already pay workers and contractors a living wage, which currently adds up to £8.30 an hour in London, on occasions even higher.

 

Alexander Clackson

Related Items

More in

Gregory Porter at the Royal Albert Hall

★★★★★
Ed Edwards
Read More

Chicago at Phoenix Theatre

★★★★★
Jim Compton-Hall
Read More

Tina: The Musical at Aldwych Theatre

★★★★★
Connor Campbell
Read More

Myths of custom writing services busted

The editorial unit
Read More

The Encounter at the Barbican

★★★★★
Aidan Milan
Read More

London’s coffee revolution: How the scene has changed in the last ten years

Mersa Auda
Read More

Rationalism on Set at Estorick Collection

★★★★★
Anna Souter
Read More

How social media influences the educational life of the users

The editorial unit
Read More

Iliza Shlesinger Live at Queen Elizabeth Hall

★★★★★
Ella Navarro
Read More
Scroll for more
Tap

Tickets

Theatre tickets

  • Popular

  • Latest

  • TOP PICKS

  • Hide in Mayfair: Dabbous raises the bar of informal fine dining with his new restaurant
    ★★★★★
    Food & Drinks
  • The Vaccines and Whenyoung at Alexandra Palace
    ★★★★★
    Live music
  • The Guernsey Literary and Potato Peel Pie Society
    ★★★★★
    Movie review
  • Instructions for Correct Assembly at Royal Court Theatre
    ★★★★★
    Theatre
  • Every Day
    ★★★★★
    Movie review
  • Gregory Porter at the Royal Albert Hall
    ★★★★★
    Live music
  • Chicago at Phoenix Theatre
    ★★★★★
    Theatre
  • Tina: The Musical at Aldwych Theatre
    ★★★★★
    Theatre
  • The Encounter at the Barbican
    ★★★★★
    Theatre
  • London’s coffee revolution: How the scene has changed in the last ten years
    Food & Drinks
  • Gregory Porter at the Royal Albert Hall
    ★★★★★
    Live music
  • Chicago at Phoenix Theatre
    ★★★★★
    Theatre
  • The Encounter at the Barbican
    ★★★★★
    Theatre
  • Rationalism on Set at Estorick Collection
    ★★★★★
    Art
  • Iliza Shlesinger Live at Queen Elizabeth Hall
    ★★★★★
    Theatre

Instagram

Something is wrong. Response takes too long or there is JS error. Press Ctrl+Shift+J or Cmd+Shift+J on a Mac.
The Upcoming
Pages
  • Contact us
  • Fund us
  • Join mailing list
  • Join us
  • New London restaurant openings and pop-ups
  • Our London food map
  • Our writers
  • Subscribe
  • What, when, why

Copyright © 2018 FL Media Ltd