By paying the real Living Wage, employers are voluntarily taking a stand to ensure their employees can earn a wage which is enough to live on.
As well as it being the right thing to do, there is a growing body of evidence demonstrating the business benefits of becoming a Living Wage employer.
The Living Wage rates are independently calculated based on the real cost of living in the UK and London.
The new rates for 2023/24 are:
- £12 per hour UK rate; and
- £13.15 London rate. See: [Real Living Wage increases to £12 in UK and £13.15 in London | Living Wage Foundation](https://www.livingwage.org.uk/news/real-living-wage-increases-%C2%A312-uk-and-%C2%A31315-london)
October 5, 2026
Consultation on modernising corporate reporting
A new consultation that proposes loosening the rules on company reporting standards could both benefit companies and give cause for concern.
October 1, 2026
Companies House warns directors to avoid prosecution
Directors are being warned to verify their identities with Companies House or risk prosecution after the Insolvency Service secured its first convictions for these offences.