London CNN Business — Britain’s cost-of-living crisis is already taking the shine off Black Friday. Now, the annual shopping bonanza faces an additional threat from strikes that could disrupt deliveries, subdue online sales and deliver another blow to the slumping economy. Some 235,000 workers have gone on strike across the …
Read More »UK must focus on growth as well as inflation: Business lobby
London, United Kingdom: The UK’s recent austerity budget may avert a deeper recession, but the government must focus more on growth to improve the country’s long-term prospects, the Confederation of British Industry (CBI) will say Monday. The business lobby group’s director general, Tony Danker, will tell its annual conference that the government …
Read More »Liz Truss admits mistakes on controversial tax cuts plan, but doubles down on it anyway
London CNN — British Prime Minister Liz Truss admitted mistakes had been made with her government’s controversial “mini-budget” announced last week – which sent the pound to historic lows and sparked market chaos – but stood by her policies. Speaking to the BBC’s Laura Kuenssberg on Sunday morning Truss said: …
Read More »Thousands of UK’s Royal Mail workers launch 48-hour strike | Business and Economy News
The walkout over a pay dispute comes after failed negotiations, hitting postal deliveries across the UK. Picket lines have been mounted outside Royal Mail delivery and sorting offices in the United Kingdom after workers launched a 48-hour strike in a worsening dispute over pay. Members of the Communication Workers Union (CWU) walked …
Read More »Which UK events have been postponed to mourn Queen Elizabeth II?| SBS News
If you were preparing to raise awareness for guinea pigs in the UK next week, you’ll need to change your plans. Guinea Pig Awareness Week, which was scheduled to take place from 19 to 23 September, is an initiative which aims to raise the profile of the rodent. It was …
Read More »Welcome to Liz Truss’ Britain. Everyone’s going on strike – POLITICO
Press play to listen to this article LONDON — As Liz Truss gets down to work as Britain’s new prime minister, she faces an immediate problem. Half the British workforce appears to be going on strike. Across the country, rail workers, barristers, dockhands, bus drivers, garbage collectors, Amazon employees, and …
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 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 »Starmer’s anti-strike stance will not carry Labour to government | Labour Rights
There is a cost of living crisis in the United Kingdom. Soaring inflation is causing real incomes to fall; companies are using inflation as a pretext to price-gouge and reap handsome profits, which in turn contribute to further inflation. It is a vicious cycle. The opposition Labour Party rightly blames …
Read More »General strike looms as postal workers set to join rail unions in walking off the job
The prospect of a national postal strike at the same time as a national rail strike is likely to set alarm bells ringing in Downing Street. Boris Johnson has insisted ministers stay out of any pay negotiations for public sector workers but further strikes in the coming weeks and months …
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