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Major investors have launched a campaign calling for Sainsbury's to help tackle the cost of living crisis by becoming the first supermarket group to pay all its workers the real living wage" of 9.90 an hour, reports my colleague Rupert Jones.

Legal & General Investment Management, Nest (National Employment Savings Trust), which is Britain's largest workplace pension scheme, and several MPs have formed a coalition to push for the change after reports that increasing numbers of supermarket workers are having to turn to food banks to feed themselves and their families.