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Future of British Business

Sainsbury Wins Showdown With Shareholders Over Living Wage

A worker replenishes items in the fresh produce section of a J Sainsbury supermarket in London.

A worker replenishes items in the fresh produce section of a J Sainsbury supermarket in London.

Photographer: Chris J. Ratcliffe/Bloomberg

J Sainsbury Plc won a battle against a group of shareholders calling on the UK’s second-largest grocer to adopt a voluntary standard for employers to raise low-paid workers’ wages.

About 17% of investors voted in favor of the resolution, which would have forced Sainsbury to commit to wage levels calculated by the Living Wage Foundation, a campaigning organization. The measure required 75% of the votes to pass.