Rolls-Royce to give staff £2,000 to help ease cost of living crisis

Engineering firm says it is the first time it has made payment linked to economic climate not performance

Rolls-Royce is to give more than 14,000 staff a 2,000 payment to help them cope with the soaring cost of living, the first time the engineering firm has made such a move.

The one-off payment will go to shopfloor staff and junior management, who are mainly based at the company's two biggest sites in Derby and Bristol. They represent 70% of Rolls-Royce's UK workforce of about 20,000.