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UK’s Costa Coffee to give workers 9% pay rise

Published by Uma Rajagopal

Posted on February 15, 2024

1 min read

· Last updated: January 31, 2026

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Costa Coffee logo with coffee cups, representing 9% pay rise for workers - Global Banking & Finance Review
This image features the Costa Coffee logo alongside coffee cups, highlighting the company's announcement of a 9% pay rise for over 15,000 workers in the UK, reflecting its commitment to fair wages in the coffee and sandwich retail sector.
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UK’s Costa Coffee to give workers 9% pay rise LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April 1, it said on Thursday. The coffee and sandwich chain, a unit of Coca-Cola Co, said its starting rate will rise from 10.70 pounds ($13.42) an hour […]

UK’s Costa Coffee to give workers 9% pay rise

LONDON (Reuters) – Britain’s Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April 1, it said on Thursday.

The coffee and sandwich chain, a unit of Coca-Cola Co, said its starting rate will rise from 10.70 pounds ($13.42) an hour to 12 pounds an hour – ahead of the government mandated minimum wage, which will increase by 9.8% to 11.44 pounds an hour from April.

($1 = 0.7971 pounds)

(Reporting by James Davey; editing by William James)

Frequently Asked Questions

What is a pay rise?
A pay rise is an increase in the amount of money an employee earns for their work, often reflecting their performance, inflation, or changes in the cost of living.
What is the minimum wage?
The minimum wage is the lowest legal hourly pay that employers can offer their workers, intended to ensure a basic standard of living.
What is an hourly wage?
An hourly wage is the amount of money a worker earns for each hour of work completed, commonly used for jobs that pay by the hour.
What is the average pay increase?
The average pay increase refers to the typical percentage increase in salaries across a specific sector or company, often used to gauge compensation trends.
What is a unit of a company?
A unit of a company refers to a distinct segment or division within a larger organization, often focusing on specific products or services.

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