Conservatives Will Miss their Living Wage Target because of Brexit

The Liberal Democrats have attacked the Government for failing to hit their own target for the national living wage. When then Chancellor George Osborne introduced the “national living wage”, he said he expected it to be worth £9.30 an hour by 2020. Now the Office of Budget Responsibility (OBR) has revised down its forecast. The level is expected to be £9. This is because the National Living Wage is 60% of media pay and wage levels are now expected to rise at a slower pace following Brexit.

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