A £15 per hour minimum wage would impact 70% of full-time workers in one part of the UK. The Trades Union Congress has said that the minimum wage should be increased to £15 per hour.
The minimum wage is currently set at £9.50 an hour for workers over the age of 23, £9.18 for 21- and 22-year-olds, and £6.83 per hour for 18- to 20-year-olds. People would often struggle on these wages before the cost of living crisis, and with inflation passing 10% things are only going to get worse.
A wage of £15 per hour for a full-time worker on a standard 37-hour week works out as a salary of £28,860 a year before tax. That’s just below the national average of £31,419, according to the latest earnings data from the Office for National Statistics.
