S upermarket shelves are already filling with pigs in blanket-flavoured crisps and other enticing festive fare. But what sort of Christmas will it be? With long-running industrial disputes still rumbling across the economy it may not after all turn out to be the first “normal” Christmas for three years that …
Read More »FedEx is flashing a recession warning sign – but there are reasons to view it with skepticism
A FedEx worker makes a delivery on Sept. 16, in Miami Beach, Fla.Joe Raedle/Getty Images After FedEx Corp. FDX-N reported weak preliminary financial results and warned of a recession, the stock market shuddered, highlighting the importance many investors attribute to the global delivery giant. FedEx’s share price fell 21.4 per …
Read More »Thousands of postal workers launch strike in UK over pay dispute | Business and Economy News
Workers at Royal Mail Group join picket lines after being given a pay rise that falls far short of inflation. Thousands of postal workers in the United Kingdom have launched a series of strikes over pay, as the cost-of-living crisis prompts mass industrial action in numerous sectors. In east London, …
Read More »Royal Mail strike: The postal workers taking a stand over ‘totally inadequate’ pay
From Friday 115,000 Royal Mail workers are going on strike in what has been called the “biggest strike of summer so far”. Workers gathered at the Penarth Road sorting office in Cardiff to make their case. On the picket line, Communication Workers Union branch chair and postal executive member Katrina …
Read More »Postal workers latest to strike as UK cost chaos continues
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 …
Read More »Cost of living: Government urged to raise minimum wage to £15 an hour as people ‘pushed to the brink’
The Government has been urged to increase the minimum wage to £15 an hour “as soon as possible”. It comes as the cost of living crisis, soaring inflation, and a summer of significant industrial action mean people are “pushed to the brink” and left raising frustrations over declines in real …
Read More »Wave of strikes gripping UK economy
LONDON Railway and postal staff, dockers too. Britain’s workers are striking in vast numbers as decades-high inflation erodes the value of wages at a record pace. class=’cf’> Britain’s train network faces further heavy disruption today and on Aug. 20 in major walkouts that follow the sector’s biggest strike …
Read More »Royal Mail expects loss in UK if four days of strikes goes ahead
Royal Mail said on Wednesday it would be materially loss-making in the UK for the 2022-23 full year, if four days of strikes by the Communications Workers Union (CWU) went ahead in August and September. British postal workers will hold the strike in protest over pay on Aug. 26 and …
Read More »UK faces a summer of discontent as inflation and real wage declines stoke strikes
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 …
Read More »Which British workers are heading for industrial action?
June 29 (Reuters) – Britain faces a summer of disruption as workers across the economy struggling with the rising cost of living resort to strike action in disputes over pay and conditions. Below are some of the industries in which trade unions have either already announced strike action or are …
Read More »