Queen’s bank Coutts plus Coal Pensions Board join others such as LGIM and HSBC backing resolution for £9.90 an hour

The Queen’s bank, Coutts & Co, and the Coal Pensions Board have joined a group of investors backing a resolution calling for Sainsbury’s to pay the independently set living wage for all staff and contracted workers.

The vote at the UK’s second-largest supermarket’s annual shareholder meeting on 7 July will be the first resolution committing a UK company board to pay the living wage.

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