Tag Archives: Inflation

‘Pushed to the brink’ Dave Ward, general secretary of the CWU, said: “Nobody takes the decision to strike lightly, but postal workers are being pushed to the brink. There can be no doubt that postal workers are completely united in their determination to secure the dignified, proper pay rise they …

Postal services in Scotland are likely to be hampered in the near future after Royal Mail workers voted overwhelmingly in favour of strikes in a dispute over pay. A ballot of members of the Communication Workers Union (CWU) showed huge support for industrial action in protest at a 2% pay …

UK inflation, Royal Mail, Tesla and Netflix results. ANALYSIS | 7/15/2022 3:54:42 PM GMT. Source link

It demanded that the company negotiates to secure a “straight, no-strings pay increase” for employees. A spokesman for the CWU said: “Britain’s postal workers are being forced into accepting a massive pay cut by the same people they have generated incredible profits for. “Our members are going to food banks …

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 …

BT Group, the UK telecoms giant, is facing a national strike over pay by 40,000 frontline staff across BT and its subsidiaries, Openreach and EE. The Communication Workers Union (CWU) will begin balloting from June 15. BT announced its decision to impose a pay award for this year of between …

Credit card rates have hit a record high amid soaring inflation which has driven shoppers to borrow to cover living costs. The average annual percentage rate – or “APR” – charge on credit cards has reached 26.6pc this month, the highest since records began in 2006, according to Moneyfacts, a …

Royal Bank of Canada RY-T is raising base pay by 3 per cent for its lower-paid employees as part of a $200-million spending package that aims to fend off fierce competition for talent by improving salaries and benefits. The unusual increase takes effect on July 1, and applies to all …

Cost of a first class stamp increases by 10p to 95p TODAY and a second class stamp is up by 2p to 68p as Royal Mail seeks to cover higher delivery costs despite its annual profits quadrupling to £762m Price of first class stamp has risen to 95p and a …

The benchmark FTSE 100 index declined 0.5% in morning trade, diverging from its Asian peers, while the domestically focussed mid-cap index fell 0.7%. Bank of England (BoE) Governor Andrew Bailey said on Wednesday that the economic impact from COVID-19 still remains strong, while noting the inflationary pressure from supply chain …