Current Affairs

Real Living Wage will ‘challenge’ hospitality industry

It has risen to match inflation levels

Real estate company, Colliers International has said that the introduction of the voluntary Real Living Wage will present a “challenge” to the hospitality sector.

The Real Living Wage rose by 3.6% to £8.75 per hour regionally and by 4.6% in London, bringing it up to £10.20 per hour.

Katherine Chapman, director of the Living Wage Foundation, said the increase was influenced by the level of inflation which is currently at 3%.

James Shorthouse, head of alternative markets at Colliers International, said: “While these salary increases may on the surface seem like positive news for staff working across the UK, for employers who have signed up to the Living Wage Foundation’s recommended £8.75 per hour nationwide and £10.20 in London, the news presents a further challenge to hospitality and F&B operators who face even more pressure on their bottom line adding to Brexit challenges, rent and business rates rises, and increased input costs from imported items.”

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