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Bloomberg
Marks & Spencer Group Plc will spend £15 million ($17 million) to support employees struggling with Britain’s spiraling cost of living.
The retailer said that it plans to boost hourly wages to at least £10.20 from £10, its second pay rise this year, while providing one-time £250 M&S vouchers to 4,500 workers. Other measures include free meals every shift for employees at the company’s Castle Donington distribution center in the Midlands region. Starting in September, staff will have access to free sanitary products. M&S is also offering free financial planning workshops and online planning tools.
Rivals including J Sainsbury Plc and John Lewis Partnership Plc have also unveiled measures to support employees as prices continue to spike in the UK for everything from food to energy.