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FTSE 100 index down 2 points Morrisons to pay staff £10 per hour Sterling trades near three-year high As the morning portion of the session came to an end, the FTSE 100 has moved very little in either direction and was down just 2 points at 6,751 at around 11.45am. Among those dragging the blue-chips lower was food delivery app Just Eat Takeaway.com ( LON:JET ), which fell 4.1% to 8,694p as investors took to profit taking following an update that showed accelerating order growth in its fourth quarter, although margins also declined sharply as a result of heavy investment. Meanwhile, among the risers was supermarket chain J Sainsbury PLC ( LON:SBRY ), which climbed 2.6% to 241.4p. Speaking of supermarkets, fellow ‘big four’ grocer WM Morrison Supermarkets PLC ( LON:MRW ) has said it will begin paying its staff a minimum salary of £10 per hour from April, becoming the first UK supermarket to do so. The company said for most of its workers this will equate to a pay rise of around 9% and will be partially funded by a change in its annual bonus scheme. 10.48am: High street stocks turn higher as UK COVID-19 cases begin […]
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