(Photograph of Peter Hugh Smith courtesy of CCLA)

A 17-strong investor coalition has called for the largest UK companies to provide better cost-of-living support to low-paid workers.

CCLA, the UK’s largest charity investment manager, has convened a significant investor coalition with £3.2 trillion AUM, to sign a joint investor statement urging companies to take steps to support their low-paid workers during this difficult time.

Recent findings by CCLA and the Church Investors Group indicate that the current support provided by UK companies to low-paid workers is "insufficient".