Inflation continues to rise in the UK. Inflation has reached a 40-year high of 10.1 percent in September due to increase in the prices of food products in the country. Keeping this in mind, the company has taken this decision.
A British company has decided to give 56,000 rupees as bonus to each of its employees. This decision of the company Inoplas Technology Limited is being highly appreciated. This decision has been taken by the senior level officers of the company.
In fact, the British company took this step so that the employees suffering from inflation could get some financial help. The ‘cost of living’ is increasing continuously in the UK. Inflation continues to rise in the UK. The financial burden on the people is increasing. Keeping this in mind, the company has taken this decision. After this decision, the employees working in the company are very happy.
According to the decision of Innoplus company, this amount of bonus will be given in two installments in October and January. The company’s director Bob Davis says that with this money, the employees will get some relief, they will be able to pay the house bill, because people’s pockets are getting hit hard.
Recently, there have been many reports related to Britain, in which it has come to the fore that the people living here are facing the cost of expensive electricity. At the same time, a spokesperson of Innoplus Technology Limited said that the company has invested in new equipment. So that the company can increase productivity. The company is now working on making new solar panels, so that the electricity bill of the people comes down and they can get some relief.
The company’s managing director, Joan Brooks, says investing in equipment, infrastructure and employee well-being is essential for the betterment of the business, as the winter season can be difficult from a business point of view. Jeremy Hunt has been recently appointed as Chancellor of the Exchequer in Britain, he made an emergency statement in the House of Commons (the lower house of Parliament in Britain). Under which it was said to stabilize the deteriorating financial market.
Inflation at record level in UK
Inflation in the UK hit a 40-year high of 10.1 per cent in September as food prices rose. The UK’s National Statistical Office, while releasing the data based on the Consumer Price Index, said that the index has jumped 10.1 percent in this month. Inflation had risen to 9.9 per cent in August. New inflation data shows that inflation in the UK has reached its highest level since early 1982. During this, inflation touched this level in July 2022 as well.
