Tag Archives: business news

LONDON – Strikers from the CWU Trade Union attend the picket line at Peckham Royal Mail centre on November 24, 2022 in London, England. Strikes planned for the Black Friday weekend and the run-up to Christmas will go ahead after talks between Royal Mail and the Communication Workers Union ended …

— This is the script of CNBC’s financial news report for China’s CCTV on October 19, 2022. Strikes in the UK have been spreading across a growing number of industries.  As the dispute between rail unions and train operating companies continues, the RMT has announced two new strike dates in …

A Royal Mail Group postal worker on his delivery round in Manchester, U.K. Paul Thomas | Bloomberg | Getty Images Royal Mail revealed plans Friday to cut up to 6,000 jobs by next summer following a summer of strikes by postal workers in the U.K.  “We will be starting the …

Pensioners protest over rising fuel prices at a demonstration outside Downing street called by The National Pensioners Convention and Fuel Poverty Action on February 7, 2022 in London, England. Guy Smallman | Getty Images LONDON — “The brains of humans and other animals contain a mechanism designed to give priority …

LONDON – August 26, 2022: CWU general secretary Dave Ward (in grey suit jacket) visits the picket line in Whitechapel on August 26, 2022. Members of the Communication Workers Union (CWU) voted in favour of strike action by 97.6 per cent in the ballot, in the biggest strike of the …

— This is the script of CNBC’s financial news report for China’s CCTV on September 23, 2022. The Bank of England hiked interest rates by 50 basis points. This is seen as conservative, but the market understands the Bank’s “wait and see” attitude ahead of the new government’s fiscal measures. …

The British pound has dropped below $1.14 for the first time since 1985 as a combination of dollar strength and recession warnings weighed on the U.K.’s currency. Sterling fell as low as $1.135 at 8:50 a.m. London before rising slightly to $1.1378, marking a fresh 37-year low. It followed the …

Royal Mail falls 7.2% Royal Mail fell 7.2% in afternoon trade following a second day of strikes by U.K. postal workers. Shares of the former state postal monopoly fell close to the bottom of the Stoxx 600 after the second day of walkouts over pay. Royal Mail staff are planning …

LONDON, AUGUST 26: Striking postal workers on the picket line in Whitechapel on August 26, 2022 in London, UK. More than 100,000 postal workers walk out across the country today in a dispute over pay. Photo by Guy Smallman/Getty Images LONDON — Postal workers across the U.K. went on strike …

LONDON, ENGLAND – JUNE 25: A view of the crowd at the RMT strike rally at Kings cross station on June 25, 2022 in London, United Kingdom. The biggest rail strikes in 30 years started on Monday night continuing on Thursday and again Saturday, with trains cancelled across the UK …