Rolls Royce offers cash to workers facing high cost of living [Reuters]
ROLLS ROYCE HLDGS S/ADR (RYCEY)
NASDAQ:AMEX Investor Relations:
rolls-royce.com/investors.aspx
Company Research
Source: Reuters
REUTERS/Paul Ellis/Pool (Reuters) - British aircraft engine maker Rolls-Royce Holdings said it was offering a cash lump sum of 2,000 pounds ($2,458) to about 70% of its UK workforce to help them navigate high living costs. Britain's economy initially rebounded strongly from the COVID-19 pandemic but is now battling high living costs worsened by a combination of labour shortages, supply chain disruptions, post-Brexit trade problems and war in Ukraine. The UK aero-engine group said that it would give the cash lump sum to 11,000 shop-floor workers as well as 3,000 junior managers. In an emailed statement to Reuters, a Rolls-Royce spokesperson said the company was also offering a 4% pay rise back dated to March to 11,000 UK shopfloor workers. The company added it was the first time it was offering a ‘bonus' that was linked to the economic climate and not performance. Household energy bills in Britain look set to surge by another 40% in October, the industry regulator warned la
Show less
Read more
Impact Snapshot
Event Time:
RYCEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RYCEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RYCEY alerts
High impacting ROLLS ROYCE HLDGS S/ADR news events
Weekly update
A roundup of the hottest topics
RYCEY
News
- 3 Brandes Mutual Funds for Higher Returns [Yahoo! Finance]Yahoo! Finance
- Investing in Rolls-Royce Holdings (LON:RR.) three years ago would have delivered you a 292% gain [Yahoo! Finance]Yahoo! Finance
- Rolls-Royce Holdings plc (RYCEY) Returned Nearly 240% in 2023 [Yahoo! Finance]Yahoo! Finance
- Rolls-Royce: Still A Buy After Massive Rally [Seeking Alpha]Seeking Alpha
- Rolls-Royce Holdings plc (LON:RR.) Shares Could Be 42% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance