Oliver Bonas, the British brand high-street retailer becomes the first UK retailer to adopt the living wage. Living wages calculated on the cost of living in the UK. The company received an accreditation as a living wage employer by the Living Wage Foundation. Having more than 500 people, it has 43 stores across UK. The current UK living wage is £ 7.85 per hour and the living wage (in London) is at £ 9.15 per hour. Oliver Tress, MD, Oliver Bonas said, “It is exciting to be the first retailer on the High Street to make this commitment. This is a direct result of the hard work of our team, helping us to grow the business at a good, steady pace over the last twenty or so years.” Rhys Moore, Director, Living Wage Foundation has said that major players in the retail sector have for a long time claimed that the Living Wage is too expensive to implement on the high street.
