Personal Income: North East Somerset and Hanham
Question
Dan Norris
To ask the Chancellor of the Exchequer, what fiscal steps she is taking to help increase incomes of working families in North East Somerset & Hanham.
Answer
James MurrayOn 1 April 2025, the National Living Wage (NLW) increased to £12.21 per hour for eligible workers aged 21 and over. This represents a pay rise of £1,400 per year for a full-time worker and has benefitted around 3 million low-paid workers. Living standards, as measured by Real Household Disposable Income (RHDI) per capita, are 2.1% higher than before the election. This means that the average person’s disposable income is £800 higher now than just before the election in real terms.