08:27 GMT28 March 2020
Listen Live
    Get short URL
    0 04

    The UK Government fines H&M retail giant and other firms for failing to pay their workers the country’s national minimum wage.

    MOSCOW, January 15 (Sputnik) The UK Government on Thursday "named and shamed" H&M, the world’s largest fashion retailer, and 36 other firms for failing to pay their workers the country’s national minimum wage.

    “As well as being publicly named and shamed, employers that fail to pay their workers the national minimum wage face penalties of up to £20,000 [$30,000],” UK employment relations minister Jo Swinson said in a statement published on the government’s website.

    The 37 firms, including the popular Swedish clothing brand, underpaid workers by almost £177,000 and have been charged financial penalties of over £51,000, according to the statement.

    The government claims H&M neglected to pay about £2,600 to 540 workers. It also documented that real estate company Kings Group LLP neglected to pay almost £53,800 to 53 workers.

    Almost 100 employers have now been publicly named by the UK government since the naming and shaming program was implemented in October 2013. Employers could face prosecution if they do not comply with the law.

    The country’s minimum wage compliance and enforcement budget will be increased by a further £3 million to over £12 million pounds for the year 2015-2016, to aid in increasing the number of officers identifying businesses that fail to comply with the law, according to the statement.

    Currently, the minimum wage for an adult aged 21 and over is £6.50 an hour.


    UK Retailer Tesco Announces Plans to Overhaul Its Struggling Business
    German Retailer OBI to Invest $300 Mln, Expand in Russia Over Next 3 Years
    UK Retailer Tesco Chairman to Resign After Profit Forecast Error
    British Retailer Tesco Launches Probe Following Massive Profit Forecast Error: Reports
    Major Clothing Retailer Forever21 Opens First Store in Moscow
    retail, H&M, United Kingdom
    Community standardsDiscussion
    Comment via SputnikComment via Facebook