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Ikea is about to do something no national company has done before

Ikea is about to do something no national company has done before

The Swedish furniture giant Ikea has become the first national retailer to promise its staff a living wage.

The furniture outlet, which has 18 UK stores, will be raising its rates so that all employees receive basic pay of £7.85 per hour, and those in London – where the cost of living is higher – are paid £9.15 per hour.

Rhys Moore, the director of the Living Wage Foundation, which has campaigned on the issue since 2010 and has now accredited Ikea as a “Living Wage Employer”, said the news was a “huge step” in the movement for fair pay.

He continued: “It sends out a clear marker to the sector that businesses that can, should pay the voluntary rate.”

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