Living Wage Campaign making progress
Posted 29 June 2010
Around 1 in 10 working Londoners earn an income that keeps them below the poverty threshold. To address this issue of low pay we invested approximately £1 million into a London Living Wage initiative.
The campaign is now seeing considerable gains. In the run up to the election, David Cameron gave his support to the Living Wage at the UK Citizens London Electoral Assembly, which Gordon Brown and Nick Clegg also spoke at. In the public sector, eight London local authorities have now committed to paying a living wage. More recently, a number of large companies have signed up including Prudential, Clifford Chance, Standard Chartered, Normura and Deloitte.
Finally, in June, the Greater London Authority released its 2010 report A Fairer London to coincide with the announcement of the new annual living wage for London, which is now set at £7.85.
You can find out more information on our Living Wage Special Initiative.