Statement on the increase in the London Living Wage
Chair of the London Assembly Economy Committee, Caroline Russell AM, said:
“We welcome today’s announcement from the Mayor to increase the London Living Wage. London is a great city but it is an expensive city in which to live - the cost of living has increased with higher food and fuel bills and those who work hard here every day have many costs to cope with. The recent interest rate rise will also affect the amount people have in their pockets.
Paying the London Living Wage is a simple win-win equation, as it helps businesses with recruitment, retention and productivity.
The London Assembly has been vocal on this issue for years, particularly when it comes to London’s Premier League Football Clubs – and frustratingly, some of them still do not pay it.
Hard work deserves decent pay and we will continue to push those businesses who fail to meet the most basic of standards.
We need to put pressure on those who are not playing fair, to ensure more London businesses to do the right thing.”
Notes to editors
- Caroline Russell AM, Chair of the Economy Committee is available for interview. See contact details below.
- London Assembly Economy Committee.
- As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.
For media enquiries, please contact Lisa Lam on 020 7983 4067. For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officer. Non-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.