Connect with us

Hi, what are you looking for?

Metaverse CapitalistsMetaverse Capitalists

Business

UK postal workers to strike for four days in pay dispute

More than 115,000 UK postal workers are to stage a series of strikes in the coming weeks in a dispute over pay.

The Communication Workers Union (CWU) said it would be the biggest strike of the summer so far to demand a “dignified, proper pay rise”.

Strikes will be held on Friday 26 and Wednesday 31 August, and 8 and 9 September. The decision follows a recent ballot for strike action, in which members voted by 97.6% on a 77% turnout to take action.

The union said management responded by imposing a 2% pay rise, which it believed would lead to a “dramatic reduction” in workers’ living standards because of soaring inflation.

The CWU general secretary, Dave Ward, said: “Nobody takes the decision to strike lightly, but postal workers are being pushed to the brink.

“There can be no doubt that postal workers are completely united in their determination to secure the dignified, proper pay rise they deserve. We can’t keep on living in a country where bosses rake in billions in profit while their employees are forced to use food banks.

“The CWU’s message to Royal Mail’s leadership is simple – there will be serious disruption until you get real on pay.”

Ricky McAulay, the operations development director at Royal Mail, said: “After more than three months of talks, the CWU have failed to engage in any meaningful discussion on the changes we need to modernise, or to come up with alternative ideas.

“The CWU rejected our offer worth up to 5.5% for CWU grade colleagues, the biggest increase we have offered for many years. In a business that is currently losing £1m a day, we can only fund this offer by agreeing the changes that will pay for it.

“Royal Mail can have a bright future, but we can’t achieve that by living in the past… “We are ready to talk further with CWU to try and avert damaging industrial action but, as we have consistently said, it must be about both change and pay.

“We have contingency plans in place, and will be working hard to minimise disruption and get our services back to normal as soon as we can to keep people, businesses and the country connected.”

Read more:
UK postal workers to strike for four days in pay dispute

    You May Also Like

    Stocks

    In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

    Business

    In the UK, the care sector is under incredible strain, it’s good to know there are people working hard to address the issue. One...

    Politics

    On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would mean that after 2027,...

    Business

    With the increased threat of industrial strike action looming across the UK, we consider whether a force majeure clause can strike the right chord...

    Dislaimer: pinnacleofinvestment.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 metaversecapitalists.com | All Rights Reserved