UK strikes hit a 30-year high as inflation erodes pay | CNN Business

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Nederland Laatste Nieuws,Nederland Headlines

The UK lost more working days to strikes in 2022 than in any year since 1989 -- as employees walked out in large numbers over pay amid soaring living costs.

Figures from the Office for National Statistics showed Tuesday that nearly 2.5 million working days were lost to industrial action between June and December, the highest since 1989 when 4.1 million days were lost. The ONS said 843,000 working days were lost in December 2022 alone — the highest monthly number since November 2011. Workers in health care, communications and transportation were among those who walked out in the run-up to Christmas.

The ONS said Tuesday that after taking inflation into account, growth in average regular pay, which excludes bonuses, fell by 2.5% between October and December 2022 compared with the same period in 2021. That’s among the largest drops since records began in 2001. For public sector workers, the decline in real pay will have been worse as, without adjusting for inflation, their wages grew a lot less compared with private sector earnings. Average regular pay growth for the public sector was 4.

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Financial crisis hit us hard, Tory cronyism fueled the discard, Banks bailed out, poor ignored, Storm of politics still roared. Time for winds of change to sweep, End corruption, end the grief, Brighter future for all to keep, Hope the storm of politics will sleep. UK Strikes

Well Covid and global crises are a shock much bigger than 1989 LOL

Conservatism is the common denominator.

Nederland Laatste Nieuws, Nederland Headlines

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