CAP has submitted written evidence to the Low Pay Commission about minimum wage rates in 2024 and beyond.
CAP highlighted that rates of debt and use of credit is increasing, which includes people in work, as budgets are becoming unsustainable. The National Minimum Wage and National Living Wage rate should be uprated in line with inflation and applied to all workers above the age of 18. However, there are also a range of barriers for people seeking to enter the labour market and to progress into higher-paid roles. As a result, a multi-pronged approach is needed where wage rates are seen as one lever to address UK poverty, alongside other factors such as the need to up-rate social security, increase funding for financial support and job clubs, enhance protection for workers and create more accessible workplaces.