‘Low-paid workers facing worst-ever financial crisis’

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New research shows that out of five low-paid workers, the crisis at the cost of our lives is the worst financial period.

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More than half of the 2,000 workers surveyed by the Living Wage Foundation said they have used a food bank in the past year, many of whom have paid for more visits in recent months.

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The foundation said nearly half of low-wage workers no longer have regular meals and about a third are unable to heat their homes for financial reasons.

The report said research has shown that nearly a quarter of all workers have had to take out a payday loan to cover essentials.

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These startling findings bring to life what it’s like to be paid less than the real living wage during a survival-crisis

Kathryn Chapman, director of the Living Wage Foundation, said: “Everyone is feeling the pressure from rising inflation, but our survey shows that low-wage workers have been hit hardest in the past 12 months, with more than half Using food banks.

“These startling findings bring to life what it’s like to be paid less than the real living wage during a cost-of-living crisis. It’s more important than ever that employers who can step up and pay for the cost of living” Based on the salary we can provide, join over 11,000 living wage employers across the UK.

The Living Wage Foundation will next week announce new rates for the voluntary real living wage, which exceeds the statutory minimum.

Current rates set by the Foundation are £11.05 an hour in London and £9.90 outside the capital, compared to the statutory adult rate of £9.50.

Credit: www.standard.co.uk /

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