Coastal residents earning less

A new study by the BBC reports that residents of coastal communities earn £1,600 less than their inland counterparts. The research also found two-thirds of coastal areas had seen a real terms fall in wages since 2010.

The All Parliamentary Group for Coastal Communities said the findings showed seaside towns were “being left behind”.

One of the areas featured by the BBC is Penzance, where people talked about the seasonal nature of jobs, and the desire of young people to leave the county for better jobs elsewhere.

  • In coastal constituencies, the typical (median) worker in 2018 earned £22,104 before tax
  • That was £1,681 less than the typical worker in a non-coastal area, who earned £23,785 before tax

You can find out more on the BBC website, where there are also a series of reports about Coastal Britain.

Rises promised to the National Living Wage

Chancellor Sajid Javid announced at the Conservative Party Conference that the national living wage is set to rise.

There aren’t a lot of details available yet, but this is what has been said so far:

  • Around 4m people will benefit from the policy, according to the Treasury
  • The NLW is currently £8.21/hour (60% of median earnings) and is set to rise to 66% of median earnings by 2024, which is forecast to be £10.50/hour. Without the percentage increase, it is forecast to be £9.55 by 2024.
  • There will be a lower age limit, from the current 25. It will be 23 from 2021, and 21 from 2024.

You can find out more on the BBC website.