finance

Major supermarket to give thousands of workers ANOTHER pay rise


ALDI has raised the stakes in the supermarket pay battle by handing its British workers another pay rise — a third in 12 months.

Some 28,000 store staff will see their wages rise to a minimum of £11.40 per hour from the beginning of July, with London workers seeing pay climb to £12.85 an hour.

Aldi will give staff another pay rise - a third in 12 months

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Aldi will give staff another pay rise – a third in 12 monthsCredit: Getty

The new rate is more than 13 per cent higher than it was a year ago and follows a January hike to £11 an hour.

It will make the German chain’s workers the highest-paid supermarket staff in the UK.

Aldi’s UK and Ireland boss Giles Hurley said: “We believe our colleagues are the best in the sector and we are committed to ensuring they are also the best paid.”

The company’s 7,000 warehouse workers were handed pay increases of up to 20 per cent earlier this year.

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Workers at Britain’s biggest grocer Tesco will see their wages climb by 7 per cent from the start of April, their third pay rise in 10 months.

They will be paid £11.02 an hour outside London and £11.95 inside the M25.

Sainsbury’s increased pay to £11 in February and to £11.95 for London staff.

Asda’s store pay has been increased by 10 per cent, climbing to £11 in April and to £11.11 in July.

Lidl increased entry level pay last October to £10.90 an hour outside London and £11.95 within the M25.

Market falls

Market jitters continued on Friday with the FTSE 100 falling more than one per cent.

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Shares in Swiss bank CREDIT SUISSE slumped more than 10 per cent, despite a £45billion lifeline from the country’s central bank.

The Bank of England could scrap next week’s expected rate rise.

Home truths

Profits at discount retailer Home Bargains fell to £293million in the year to June 2022 — a fall of £100million.

But it says new store openings have helped boost turnover by two per cent to £3.41billion.

It plans to increase its estate from just under 600 stores to 1,000





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