Supermarket Asda is to increase hourly pay rates for its store-based employees in three phases as part of an £80 million investment.
Pay settlements
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UK inflation fell by more than expected in February, down from 3% to 2.8%.
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Tesco has announced a pay rise for its store employees from 30 March, following negotiations with Usdaw trade union.
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Pay rises in the private sector remained at 4% in the three months ending in January 2025, according to new figures.
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Technology retailer Currys has increased pay for its workforce through an £8 million investment, with a 6% increase in hourly-paid wages.
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Former newsreader Huw Edwards has not paid back around £200,000 in salary he was asked to return to the BBC following his arrest and resignation.
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A third of UK employers plan to reduce pay rises in 2025 as a result of increased employment costs announced in last year’s budget.
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The average annual salary in the UK hit a record high in January, according to the latest figures from job matching platform Adzuna.
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Pay awards remained at lowest level for four years as inflation levels increased by more than expected in January 2025.
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Lidl is giving its 28,000 hourly-paid employees a pay rise from March 2025, ahead of the increase in the national living wage.
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British employees are working 215.8 hours of overtime every year, with more than two in five (42%) doing so for free.
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The average advertised salary in the UK has crossed £40,000 for the first time, according to the latest data from Adzuna.
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Median pay rise for autumn 2024 declined to 3.3%, according to Brightmine, as national insurance change begins to have an impact.
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Labour market statistics released in January 2025 show that real wages increased by 3.4% year on year, their quickest pace since 2021.
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Supermarket chain Aldi increases pay for store assistants to at least £12.71 per hour nationally, from March 2025.