Aldi will increase workers’ pay in September for the second time this year in a move that highlights competition among retailers to retain staff a the cost-of-living crisis bites, as well as the risk of soaring inflation becoming embedded in the UK.
London workers at the budget supermarket chain will get £11.95 an hour, up from £11.55, above the Living Wage Foundation’s recommended “real living wage” of £11.05 in the capital. Outside London, the hourly rate will go up to £10.50 from £10.10. The company, which claims to be the UK’s highest paying supermarket, said the move would take its “investment in pay” to £43 million this year after the previous rise five months ago.