High street banking giant HSBC has announced it will be giving some staff members £1,500 each to help ease the pressure as bills continue to rise. Earlier today Brits were warned that bills could hit highs of £3,615 this winter, according to one energy expert.
Supermarket prices are also increasing at a sharp rate. Some shoppers are now struggling so much, they're being forced to put back essential items when they hit a certain total at the checkout.
With the cost of living crisis only set to worsen, HSBC has made an announcement that will come as a sigh of relief to many of its staff. Following behind Lloyds and Barclays, the leading bank has announced a £1,500 one-off payment for some of its workforce this month. This includes junior customer-facing employees and contact centre staff, following discussions with the trade union, Unite.
