UK workers born in these years set for ‘instant pay rise’ from Labour | Personal Finance | Finance


Workers born in certain years are set for an “instant pay rise” if a promise put forwards in an election manifesto is upheld.

The Labour Party has won a majority in the General Election held on Thursday,

Workers born in the years 2004, 2005 and 2006, as well as 2007 and 2008, are set to receive an “instant” pay rise thanks to a pledge to scrap the age brackets for the National Living Wage.

Currently, those aged 21 and over get £11.44 an hour, while those aged 18 to 20 get £8.60 per hour, and those aged under 18 get £6.40 per hour, the same as an apprentice wage.

Labour’s manifesto states it will deliver “a new deal for working people” within 100 days of the election.

While the government has not yet outlined exactly how it will work in terms of which wage will apply to all three brackets, the Labour Manifesto states it will be a pay rise for ‘hundreds of thousands of people’.

Plans also include banning fire and rehire, banning zero hours contracts and introducing rights to parental leave and sick pay.

It says: “Labour’s Plan to Make Work Pay: Delivering a New Deal for Working People’ in full – introducing legislation within 100 days. We will consult fully with businesses, workers, and civil society on how to put our plans into practice before legislation is passed. This will include banning exploitative zero hours contracts; ending fire and rehire; and introducing basic rights from day one to parental leave, sick pay, and protection from unfair dismissal.

“Labour will also make sure the minimum wage is a genuine living wage. We will change the remit of the independent Low Pay Commission so for the first time it accounts for the cost of living. Labour will also remove the discriminatory age bands, so all adults are entitled to the same minimum wage, delivering a pay rise to hundreds of thousands of workers across the UK.”

 



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