Tag Archives: 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 …

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 …

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 …

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 …

Hull and the UK are seeing an upswing in strike action amid spiralling living costs, with workers from a range of sectors walking out as inflation squeezes pay. Barristers were the latest workers to walk out today (Monday, June 27) after 81.5 per cent of the 2,055 Criminal Bar Association …

Royal Mail workers will be sent ballot papers on Tuesday Royal Mail workers could be the next to go on strike as they prepare to vote in the coming weeks on proposed industrial action. Around 115,000 Communication Workers Union (CWU) members will be voting on the proposal after the union …

The Royal Mail is also grappling with the fact Brits send fewer letters than they used to Stamp and parcel prices could continue to rise due to soaring inflation, the Royal Mail says. In April the price of first-class stamps rose by 10p to 95p, while second-class stamp prices jumped …

Short-selling disclosure dents Royal Mail Bets against Royal Mail have backfired in spectacular fashion over recent years, but that’s not deterred one hedge fund from having another go. Disclosures show that Marshall Wace has taken a short position of five million shares, equivalent to 0.5% as it eyes the company’s …

T he UK’s economic recovery has slowed by more than first thought, figures showed today. Third quarter GDP grew by 1.1% compared with the initial 1.3% estimate, having rallied by 5.4% in the April to June quarter due to the easing of Covid-19 restrictions. Despite the downward revision by the …

Britain’s aviation minister has heard how East Midlands Airport is forecasting another record-breaking year for air cargo thanks to online shopping and the current challenges of moving goods by sea. Robert Courts MP visited the Castle Donington cargo operation at the busiest time of year in the run-up to Christmas. …