AIRBUS employees in the UK are being handed an "exceptional premium" bonus to help with the rising cost of living. 

The premium will amount to £1,500 (gross) and will be mirrored in other countries with a premium calculated as a percentage of the average local base salary.

Around 120,000 employees worldwide, including the 5,000 based at Airbus' Broughton site, will be given the payment. 

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An Airbus spokesperson said: "The company believes that this solution is the most appropriate to support our employees in the short-term as they cope with the current inflationary environment.

"As a reminder, Airbus paid a profit-sharing and incentive bonus to its employees just before the summer and has carried out constructive dialogue with its social partners to implement meaningful salary increase policies."