The soaring cost-of-living means it’s a worrying time for many workers across the UK. Energy prices have risen to unprecedented levels and are set to increase further in the autumn. Supermarket till receipts show the cost of food is rising and tough decisions are being taken by families as they choose between heating and eating.
Transportation costs are increasing with car ownership becoming more expensive as insurance premiums rise and fuel costs soar. Public transport is also facing a surge in ticket prices with the highest train fare rises for nine years in England and Wales. As employees struggle with the cost of commuting, employers should consider stepping in to help their workforce to budget and save money.
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