Impact of spending review on workers in Wales

The Bevan Foundation’s latest State of Wales briefing analyses the impact of the spending review on workers in Wales.

The Chancellor’s spending review included important changes to the National Living Wage and to the pay of public sector workers.  Our latest State of Wales briefing assess the likely impact on workers in Wales.

One key finding is that thousands of public sector workers will experience a real-terms pay cut, either because their salary has been frozen or because the promised uplift of £250 is less than the rate of inflation.

The briefing also finds that the increase in the National Living Wage and its extension to 23- and 24-year olds does improve living standards for the lowest paid. Those on the NLW at least have the benefit of their pay keeping up with inflation, while 23- and 24-year olds will have an increase of 71p per hour.

Monthly State of Wales briefings are one of the benefits of a Bevan Foundation subscription – find out how your organisation can gain valuable insights like this here.