Just 1% of British businesses have offered their staff a one-off cost-of-living payment, something the Bank of England had recently flagged as an upside risk for inflation pressure, an official survey of businesses showed on Thursday.
The Office for National Statistics said 5.5% of companies employing more than 250 staff had offered such a payment in the three months leading up to mid-July.
However, a lower proportion of small companies had done so, leaving an aggregate of 1.1% for all businesses.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
VA Priority Group 8 includes veterans without service-connected disabilities or with 0% ratings and higher…
Florida’s minimum wage rose to $13 in 2024 and will keep increasing by $1 each…
SNAP EBT users can shop for eligible groceries on Amazon during Prime Day 2025 without…
California’s minimum wage in 2025 is $16.50 per hour statewide, but many cities like San…
VA Priority Group 7 supports veterans without service-connected disabilities but with limited income. They get…
The 2026 Social Security COLA may rise slightly, but experts warn it won’t match real…