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UK supermarket chain Asda raises pay for store workers by 8.4%

UK supermarket chain Asda raises pay for store workers by 8.4% LONDON, March 1 (Reuters) - Britain's third-largest supermarket group Asda said on Friday it would give more than 120,000 store workers an 8.4% pay rise from July 1, following a similar move by other large British retailers as the government's national minimum wage goes up. Asda said its hourly rate for retail pay would rise from 11.11 pounds ($14.04) to 12.04 pounds for those outside London and from 12.28 pounds to 13.21 pounds for
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Companies walk ESG tightrope, under fire from all sides over disclosures

INSIGHT-Companies walk ESG tightrope, under fire from all sides over disclosures Anti-ESG backlash in U.S. prompts new trend: 'greenhushing' Environmental statements from U.S. finance sector drop 20% in Q3 Statements from autos, healthcare also down -Permutable data By Richa Naidu and Simon Jessop LONDON, Feb 29 (Reuters) - Since joining Asahi Group 2502.T in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and social pledges but has not go
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UK's M&S to raise store workers' pay by 10.1%

UPDATE 1-UK's M&S to raise store workers' pay by 10.1% Adds detail paragraphs 2 to 7 LONDON, Feb 27 (Reuters) - British clothing and food retailer Marks & Spencer MKS.L said on Tuesday it would give around 40,000 store workers a 10.1% pay increase from April 1, a move that reflects the rise in the government-mandated minimum wage. M&S said customer assistants will see their pay rise from 10.90 pounds ($13.83) an hour to 12 pounds an hour - ahead of the government's national living wage , which w
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Warren Buffett says Berkshire 'built to last' though eye-popping gains are over

WRAPUP 2-Warren Buffett says Berkshire 'built to last' though eye-popping gains are over Adds investor and analyst comments, Berkshire stock gains, Geico job cuts, plans for annual meeting By Jonathan Stempel Feb 24 (Reuters) - Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway BRKa.N would serve them well over the long term, even as he mourned the recent passing of his longtime second-in-command Charlie Munger.
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Buffett's Berkshire posts record profit on insurance, investments

UPDATE 2-Buffett's Berkshire posts record profit on insurance, investments Adds financial details, analyst earnings forecast, Buffett and analyst comments By Jonathan Stempel Feb 24 (Reuters) - Warren Buffett's Berkshire Hathaway BRKa.N on Saturday posted its second straight record annual operating profit, with its insurance business benefiting from improved underwriting and higher income from investments as interest rates rose.
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