Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Why 2026 World Cup is when AI becomes the interface between fans and football 

      GettyImages 2280946892: Professional meeting with diverse business executives discussing strategies in a modern office set...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Why 2026 World Cup is when AI becomes the interface between fans and football 

      GettyImages 2280946892: Professional meeting with diverse business executives discussing strategies in a modern office set...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Fogo de Chao nominated for Best Casual Dining Toast award

      Fogo de Chão restaurant exterior with vibrant signage and bustling entrance at popular city location

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Sunday 19 July 2015 10:27 pm

Ikea promises to adopt the living wage for its 9,000 UK employees

By: Express KCS

Add as a preferred source on Google

Home furnishing giant Ikea yesterday pledged to adopt the living wage from 1 April next year – a move that will affect more than half its 9,000 UK staff.

Describing the pay increase as “part of a holistic transformation of basic co-worker conditions”, Ikea said UK employees will receive a minimum of £7.85 per hour and £9.15 per hour within London.

The pay falls under guidance set by the Living Wage Foundation.

Gillian Drakeford, Ikea UK and Ireland manager, said: “Introducing the Living Wage is not only the right thing to do for our co-workers, but it also makes good business sense. This is a long-term investment in our people based on our values and our belief that a team with good compensation and working conditions is in a position to provide a great experience to our customers.”

Helen Dickinson, director general of the British Retail Consortium, commented: “Following the Chancellor’s Budget announcement every retailer has a timeline led by the Low Pay Commission to deliver higher rates of pay.

“For all retailers their workforce is a crucial part of how they deliver to customers each and every day and they take the way that people work and how they are rewarded very seriously.”

[custom id=”21″]

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics

Categories

  • Markets

Related Topics

  • employment and wages
  • Ikea
  • National Living Wage
  • UK jobs

Trending Articles

  • FTSE 100 Live: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

  • Kaleb Cooper: Brits don’t care about the price of milk 

  • Judge rejects Gatwick Airport bid to block new relaxed runway slot rules

  • PwC UK chief swipes global role in international shake-up

  • Inheritance tax enquiries surge to six-year high after HMRC clampdown

More from CityAM

  • Next faces shareholder pressure over worker pay

    Retail
    Profit at Next rise 13.8 per cent in the first six months of the year
  • Sunak calls for minimum wage quango to be abolished

    Politics
    Prime Minister Rishi Sunak tours the car manufacturer Nissan on November 24, 2023 in Sunderland, England. (Photo by Ian Forsyth/Getty Images)
  • The Debate: Is Britain’s minimum wage too high?

    Opinion
    Hospitality workers gathered at a restaurant discussing minimum wage policy changes, highlighting industry challenges.
  • Next boss slams Labour’s zero-hour contracts crackdown

    Retail
    Simon Wolfson speaking at a business conference, wearing a suit and tie, addressing economic and retail industry topics
  • Starmer ally defends minimum wage quango after Sunak calls for it to be axed

    Economics
    Labour's Pat McFadden could oversee small welfare reforms that could make reasonable savings for public finances.
  • Hollywood Bowl boss: ‘Incredibly painful’ tax hikes make it harder to hire

    Retail
    Scenic view of Hollywood Bowl amphitheater with a large crowd gathering for a live performance under a clear evening sky
  • Pub bosses warn tax hikes driving youth unemployment crisis

    Hospitality
    Tim Martin speaking at a business conference podium dressed in a suit, emphasizing key industry insights and strategies.
  • Jobs crisis: UK unemployment to hit highest level in a decade

    Business
    London office workers collaborating on AI and tech projects, surrounded by computers and digital interfaces in a modern wo...

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies