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Asda unveils £80m investment into retail pay

Asda has announced an £80m investment in retail pay to increase hourly rates for store-based colleagues to £12.60 from October.…

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Asda narrows median gender pay gap to 4% in 2024

Asda has reduced its median pay gap between all male and female colleagues from 5% in 2023 to 4% in…

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Lidl GB ups staff pay for third time in 12 months

Lidl GB has announced that it is increasing pay for hourly-paid colleagues to a minimum of £12.40 across the country,…

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ProCook announces commitment to Real Living Wage

ProCook has announced today its commitment to paying at least the Real Living Wage for all colleagues, reflecting its ongoing…

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Two-thirds of retailers warn peak trading will be hit ahead of Christmas

Two-thirds of retailers say the ‘double whammy’ of spiralling interest rates and inflation will hit peak trading in the run-up…

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Superdry agrees £25m secondary lending facility

Superdry has announced that it has agreed a deal with Hilco Capital Limited for a secondary lending facility worth £25m.…

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How a 5% interest rate hike will affect trading

It was announced yesterday (22 June) by the Bank of England that interest rates will immediately increase from 4.5% to…

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Majestic makes ‘biggest investment ever’ in staff pay

Majestic, the specialist wine retailer, has revealed it has made its “biggest ever investment” in colleague pay to recognise the…

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BoE raises interest rates to 4%

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of…

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Sainsbury’s to hire 18,000 seasonal workers 

Sainsbury’s is hiring for 18,000 additional roles over the Christmas period to help meet extra demand over the peak season,…

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