Paying a Real Living Wage Could Boost UK Cities by Over a Billion

Wider adoption of the real Living Wage could provide an economic boost to UK cities worth over £1.1bn, according to new research by the Smith Institute. In a new report commissioned by the Living Wage Foundation, The Local Living Wage Dividend, the Smith Institute found that if just a quarter of those on low incomes saw their pay raised to the real Living Wage based on what people need to get by, in ten of the UK’s major city regions, a subsequent increase in wages, productivity and spending could deliver…

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