Canary Wharf Group adopts living wage

Canary Wharf Group has adopted the living wage.

The developer has committed to paying everyone at the firm, including temporary workers, a minimum hourly wage of £8.80, significantly above the national minimum wage of £6.31.

Canary Wharf Group believes it is the first UK property and construction company to adopt the living wage.

Sir George Iacobescu, chief executive and chairman of Canary Wharf Group said: “We are tremendously proud to be the first major UK developer and construction company to have received this accreditation.

“The decision to pay a Living Wage underlines our appreciation of each and every member of staff and the communities around all our London developments from which many of our colleagues come. We’re proud to be taking the lead on this initiative in our industry.”