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National living wage - £7.20 from April 2016

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Comments

  • Torry_Quine
    Torry_Quine Posts: 18,887 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    skibadee wrote: »
    Could someone clarify this for me please.
    Will the Living Wage REPLACE the NMW from April 2016?
    For those over 25 it will:T
    Lost my soulmate so life is empty.

    I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
    Diana Gabaldon, Outlander
  • skibadee
    skibadee Posts: 1,304 Forumite
    Torry_Quine wrote: »
    For those over 25 it will:T



    Wow!!.....I know at the moment the Living Wage is only paid in certain places/companies etc.,


    Its great if this 100% going to be paid to everyone 25 and over who have up to now received the NMW!
  • Takeaway_Addict
    Takeaway_Addict Posts: 6,538 Forumite
    Part of the Furniture 1,000 Posts
    Its clever to call it the living wage, the NMW has negative connotations.
    Don't trust a forum for advice. Get proper paid advice. Any advice given should always be checked
  • Takeaway_Addict
    Takeaway_Addict Posts: 6,538 Forumite
    Part of the Furniture 1,000 Posts
    skibadee wrote: »
    Wow!!.....I know at the moment the Living Wage is only paid in certain places/companies etc.,


    Its great if this 100% going to be paid to everyone 25 and over who have up to now received the NMW!

    I don't think many people could say the chancellor hasn't delivered what he said he would, Higher pay, lower taxes, lower welfare system...

    No doubt Labour supporters will still find wrong but most people are going to be happy with this budget.
    Don't trust a forum for advice. Get proper paid advice. Any advice given should always be checked
  • Feyfangirl
    Feyfangirl Posts: 431 Forumite
    Part of the Furniture
    One thing to note that it'll rise to £9.00 by 2020.. just in time for the next election ;) what a "coincidence"....
    "No one can change the past. The only thing we can do is strive to make up for our mistakes. Why must we make up for our mistakes, you ask? Because in so doing...we can find the way back to our path. And once we've found our path we can move on from our past mistakes toward a brighter future"

    Phoenix Wright in Ace Attorney Rise from the Ashes
  • bap98189
    bap98189 Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts
    skibadee wrote: »
    Could someone clarify this for me please.
    Will the Living Wage REPLACE the NMW from April 2016?

    No. :mad:

    They are talking about the national minimum wage, but have misappropriated the term "living wage", probably in an attempt to cause confusion. :mad: :mad:

    The living wage is currently £7.85/hour (outside London). What they are talking about is the minimum wage.
  • Torry_Quine
    Torry_Quine Posts: 18,887 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    bap98189 wrote: »
    No. :mad:

    They are talking about the national minimum wage, but have misappropriated the term "living wage", probably in an attempt to cause confusion. :mad: :mad:

    The living wage is currently £7.85/hour (outside London). What they are talking about is the minimum wage.
    So the new national living wage will replace the minimum wage then.
    Lost my soulmate so life is empty.

    I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
    Diana Gabaldon, Outlander
  • bluenoseam
    bluenoseam Posts: 4,612 Forumite
    Torry_Quine wrote: »
    So the new national living wage will replace the minimum wage then.

    It's not really a living wage though, that's where the problem is - it's basically a mutton dressed as lamb situation & anyone with a functioning brain cell can see that. It's wrong & moronic to call it a living wage when the widely accepted definition of a living wage outside London is £7.85 an hour.

    Doesn't change the major problem with any "minimum" level of wage which is that rather than it being a minimum it's treated as a maximum.
    Retired member - fed up with the general tone of the place.
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    10,000 Posts Combo Breaker
    Not so good news if you're under 25. Doesn't the rate change at 21 now.
    So it seems some people have just had the goal posts moved in front of their noses.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • GothicStirling
    GothicStirling Posts: 1,157 Forumite
    Takeaway_Addict wrote: »
    No doubt Labour supporters will still find wrong but most people are going to be happy with this budget.


    13 million people will be worse off, warns IFS.
    http://www.independent.co.uk/news/uk/politics/budget-2015-live-george-osbornes-benefit-cuts-set-to-make-13m-families-significantly-worse-off-10378031.html
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