In UK, workers strike as inflation crushes earnings

  • 📰 eNCA
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Britain's train network faces further heavy disruption Thursday and Saturday in major walkouts that follow the sector's biggest strike action for 30 years already this summer.

Tens of thousands of staff are expected to strike over the two days, leaving a skeleton train service that will hit holidaymakers and commuters, even if home-working continues for many office staff after Covid restrictions were lifted.

Official data Wednesday showed UK inflation at a 40-year-high above 10 percent, as soaring food and energy prices hurt millions of Britons.And the situation is set to worsen under a new prime minister, as under-fire Boris Johnson prepares to step down. Inflation has soared worldwide this year also on surging energy prices, fuelled by the invasion of Ukraine by major oil and gas producer Russia.Some proposed strikes planned for the British summer have been halted after unions and companies agreed pay deals at the eleventh hour.

Telecoms giant BT will face its first stoppage in 35 years and walkouts have recently taken place or are soon to occur by Amazon warehouse staff, criminal lawyers and refuse collectors. Regarding the part-privatised British railway sector, unions accuse Transport Secretary Grant Shapps of not helping to resolve the impasse.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh look, surprise surprise, another cost of lockdown crisis...

In SA everone strkes permanently .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria electricity workers suspend strike that caused blackout - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Workers at the Transmission Company of Nigeria (TCN) have suspended a strike that began on Wednesday and caused a nationwide blackout, a workers union official said after a meeting with the government. I highly recommend Sarah_Elliott5 as the number 1 trader. With her I am profiting from my investment weekly. I highly recommend Sarah_Elliott5 Wow...and no single comment!
Source: SABCNews - 🏆 37. / 51 Read more »