Pay | Waterstones hit by Living Wage furore

British book retailer Waterstones has revealed it cannot pay staff the Living Wage, as it simply isn’t ‘profitable enough’.

The news comes after a petition by staff at the retailer has been signed by more than 6,000 people, which calls on the firm’s Managing Director James Daunt to pay booksellers a starting Living Wage of £9 an hour, or £10.55 for the Greater London area.