Santander, Virgin Money, Visa and Beazley have become the latest financial services companies to offer pay rises or one-off bonuses to staff to help deal with the soaring cost of living.
This week, 11,000 UK-based staff at Spanish bank Santander were told they would receive a 4 per cent pay rise to help with fast-rising inflation, which is squeezing incomes across the UK particularly for lower-earning families.
Santander will offer the…