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Sainsbury’s will give its 118,000 hourly-paid colleagues a 5% pay rise this year, as part of its wider transformation plans, and following a bumper Christmas period. Colleagues across both Sainsbury’s and Argos will move from £12 to £12.

Sainsbury's has said it will raise hourly pay though it is cautious about recruiting new staff this year due to rising costs. The supermarket chain said wages would rise 5% to £12.60 but it will be introduced in two phases "to help manage a particularly tough cost inflation environment".

Sainsbury’s told shareholders it is on track to increase its profits for the year, in line with previous targets.

Sainsbury's is set to increase staff pay this year as it revealed it won grocery market share for the fifth consecutive Christmas.

The UK's second-largest grocery chain, trailing only Tesco, reported robust sales over the festive period, with party food and bottles of fizz in high demand

Supermarket giant Sainsbury’s is to raise staff wages by 5 per cent after recording its “biggest ever” Christmas.

Sainsbury's has announced it will raise hourly pay in response to "particularly tough cost inflation" after retailers warned prices are likely to rise later this year. The supermarket chain said it would increase wages by 5% from £12 an hour to £12.

Sainsbury's has announced a five per cent wage increase for thousands of staff following a successful Christmas trading period. The pay rise has been described as "inflation-busting" and aimed to support workers through a "particularly tough cost inflation environment".