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Well done to Sainsburys, but it's not the 'Living Wage'.

As IKEA has already demonstrated, Sainsburys are actually paying nearly 50p below the real living wage, rather than Osborne's hijacking of the term.

A move in the right direction for the larger firms, but we still need to have the discussion about how smaller companies are going to find the money without some re-alignment of other headline costs such as rent and rates.

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