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flag Marks & Spencer raises UK hourly wages to £13.41, with London staff getting £14.74, as part of a £70M investment.

flag Marks & Spencer is raising its UK shop floor workers' minimum hourly wage to £13.41 in April 2026, with London staff receiving £14.74, a 6.4% increase adding about £1,587 annually. flag The move, part of a £70 million investment, boosts total compensation to up to £16.33 per hour when including benefits like a 20% discount, pension contributions, and a Sharesave scheme. flag The pay rise, part of a broader growth strategy, positions M&S as the third-highest paying UK retailer, behind Aldi and Lidl, both of which have also raised wages. flag The company plans to open 500 new stores, though it has stopped aligning pay with the real living wage, drawing criticism from ShareAction.

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