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Marks & Spencer raises UK hourly wages to £13.41, with London staff getting £14.74, as part of a £70M investment.
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.
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.
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.
The company plans to open 500 new stores, though it has stopped aligning pay with the real living wage, drawing criticism from ShareAction.
Marks & Spencer eleva los salarios por hora en el Reino Unido a 13,41 libras esterlinas, con el personal de Londres recibiendo 14,74 libras esterlinas, como parte de una inversión de 70 millones de libras esterlinas.