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| National Living Wage benefits 'to vary across the country' | National Living Wage benefits 'to vary across the country' |
| (about 5 hours later) | |
| The number of workers benefiting from the new National Living Wage (NLW) will vary dramatically across the country, according to a think tank. | The number of workers benefiting from the new National Living Wage (NLW) will vary dramatically across the country, according to a think tank. |
| The Resolution Foundation said that in some parts of Britain as much as a third of the workforce will get a pay rise. | The Resolution Foundation said that in some parts of Britain as much as a third of the workforce will get a pay rise. |
| But workers elsewhere will see little difference after the NLW is introduced on 1 April, it said. | But workers elsewhere will see little difference after the NLW is introduced on 1 April, it said. |
| Under the NLW, millions of workers over 25 will see their minimum pay rate rise from £6.70 to £7.20. | Under the NLW, millions of workers over 25 will see their minimum pay rate rise from £6.70 to £7.20. |
| Those under the age of 25 will continue to receive the lower pay rates of the National Minimum Wage (NMW). | Those under the age of 25 will continue to receive the lower pay rates of the National Minimum Wage (NMW). |
| Among the "hotspots" is the City of Sheffield, where 22% of workers are set for a pay rise, according to the Resolution Foundation research. | Among the "hotspots" is the City of Sheffield, where 22% of workers are set for a pay rise, according to the Resolution Foundation research. |
| However workers in parts of London and the South East are likely to see little benefit. | However workers in parts of London and the South East are likely to see little benefit. |
| Just 3% of employees in the City of London will see an increase in their wages. | Just 3% of employees in the City of London will see an increase in their wages. |
| At the same time the Office for Budget Responsibility (OBR) has predicted that tens of thousands of workers could lose their jobs - or see their hours reduced - as employers try to compensate for the extra cost. | At the same time the Office for Budget Responsibility (OBR) has predicted that tens of thousands of workers could lose their jobs - or see their hours reduced - as employers try to compensate for the extra cost. |
| The National Living Wage and You: see more details here | The National Living Wage and You: see more details here |
| Wage boost | Wage boost |
| "Britain's new legal wage floor will be felt throughout the country, but its impact will be bigger in some areas than others," said Torsten Bell, director of the Resolution Foundation. | "Britain's new legal wage floor will be felt throughout the country, but its impact will be bigger in some areas than others," said Torsten Bell, director of the Resolution Foundation. |
| It said workers in Torridge in Devon were set to be the biggest winners, with 35% of them getting a pay rise next month. | It said workers in Torridge in Devon were set to be the biggest winners, with 35% of them getting a pay rise next month. |
| Overall it said that wages in Torridge were likely to be boosted by around £2m a year. | Overall it said that wages in Torridge were likely to be boosted by around £2m a year. |
| The Resolution Foundation believes that 4.5 million workers will benefit from the NLW this year. | The Resolution Foundation believes that 4.5 million workers will benefit from the NLW this year. |
| Officially the OBR has calculated that 1.3m workers will see an immediate pay rise, rising to 2.9m by 2020. | Officially the OBR has calculated that 1.3m workers will see an immediate pay rise, rising to 2.9m by 2020. |
| When the "spill-over" effect is included - as other workers get a pay rise to maintain pay differentials - as many as 6m could see an increase in pay by 2020. | When the "spill-over" effect is included - as other workers get a pay rise to maintain pay differentials - as many as 6m could see an increase in pay by 2020. |
| However the OBR has said that 60,000 workers could lose their jobs as a result of the NLW. | However the OBR has said that 60,000 workers could lose their jobs as a result of the NLW. |
| Government advisors have said that the overall cost to business could be more than £1bn this year. | Government advisors have said that the overall cost to business could be more than £1bn this year. |
| Some workers could also be given shorter hours, as employers try to balance their books. | Some workers could also be given shorter hours, as employers try to balance their books. |
| Three groups of workers in particular will benefit from the NLW: Women, who are over-represented in minimum wage jobs; workers between the ages of 25 and 30; and people still working over the age of 66. | Three groups of workers in particular will benefit from the NLW: Women, who are over-represented in minimum wage jobs; workers between the ages of 25 and 30; and people still working over the age of 66. |
| The Resolution Foundation data covers Britain only - although the NLW applies across the whole of the UK. | The Resolution Foundation data covers Britain only - although the NLW applies across the whole of the UK. |