Living wage, Retail industry, Pay, Financial sector, Minimum wage, National living wage, Family finances, Money, Society, UK news, Business, Marks & Spencer, JD Sports Fashion, Next, Axa, UK cost of living crisis, Annual results Business | The Guardian
Axa and Scottish Widows back ShareAction campaign for chains such as Next to pay at least £12.60 an hourMajor investors including Axa and Scottish Widows are backing shareholder resolutions pressing retailers Next, Marks & Spencer and JD Sports to increase pay for thousands of workers.More than 100 individuals and eight institutional investors, which manage over £1tn in assets, are backing an effort to encourage companies to pay a “real living wage”, which is designed to ensure workers can cover necessary household costs. Continue reading…
Axa and Scottish Widows back ShareAction campaign for chains such as Next to pay at least £12.60 an hour
Major investors including Axa and Scottish Widows are backing shareholder resolutions pressing retailers Next, Marks & Spencer and JD Sports to increase pay for thousands of workers.
More than 100 individuals and eight institutional investors, which manage over £1tn in assets, are backing an effort to encourage companies to pay a “real living wage”, which is designed to ensure workers can cover necessary household costs.