IKEA, THE Swedish retail giant, has become the first national UK retailer to promise to pay its staff the living wage.
This means that staff throughout its 18 UK stores will receive a minimum basic rate of £7.85, or £9.15 if they are based in London. This is because the cost of living is higher is higher in the capital.
The historic move means Ikea joins over 1,600 other businesses, including Nestle and nearly a quarter of the FTSE 100, which have been accredited as a “Living Wage Employer”. Living wage campaigners hope that other businesses will follow suit.