'Reduced our turnover' | Be like West Ham Utd & IKEA: Why more employers should sign up to voluntary living wage schemes

Earlier this week, over 140,000 Londoners earned a 5.3% pay rise from £13.15 to £13.85 per hour.

Some ineligible workers were perhaps left scratching their heads, wondering why they hadn’t heard anything from their employer about a 70p increase in their hourly rate; and possibly frustrated to learn that those entitled to the pay rise working full-time now stand to earn an extra £4,700 a year.