Wages

Today’s news in brief-5/1/24

Asda and Usdaw have signed a collective bargaining agreement, enabling the union to represent hourly-paid employees in convenience stores and…

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Sainsbury’s invests £200m to raise wages by 9%

Sainsbury’s will be investing £200m to increase colleague pay to £12 per hour – £13.15 in London – from March. …

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A retailer’s guide to building a socially responsible brand

Define your values and commitment The foundation of a socially responsible brand lies in the definition of core values and…

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Currys boss criticises gov’s minimum wage plans

Currys CEO Alex Baldock has accused the government of not caring about the retail industry after claiming its decision to…

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Theft to cost retailers £7.9bn in 2023, study finds

It has been forecast that retail theft will cost UK retailers £7.9bn this year, according to new research by Thruvision…

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Failure to reform Apprenticeship Levy cost retailers 12,000 lost apprenticeships, BRC says

Retailers could have offered 12,000 more apprenticeships over the past year if it was not for the Government’s failure to…

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Today’s news in brief- 25/09/23

H&M has reversed its earlier decision to impose a processing fee of £1.99 for in-store returns of online purchases. The…

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UK consumer confidence up four points, says GFK

GfK’s long-running Consumer Confidence Index increased four points to -21 in September amid falling inflation figures, growth in wages and…

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UK GDP falls by ‘worse than expected’ 0.5% in July

The UK economy shrunk by a “worse than expected” 0.5% in July as poor weather and industrial strikes impacted production,…

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Wage growth starts to outpace rate of inflation

Pay growth has caught up with the rate of inflation for the first time in nearly two years, as wages…

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