2024 Cost Of Living Raise Uk. Nearly 500,000 workers will receive a pay rise under the real living wage; The national living wage will rise to over £11 an hour from april 2024, based on the low pay commission's recommendations.
The cpih annual rate was 3.1% in august 2024, unchanged from july, while the cpi annual rate was 2.2%. Rachel reeves borrows george osborne’s mantra in ‘strivers’ budget.