All the union news that's fit to blog...
In a major achievement for Unite, DHL’s 230 workers who undertake ramp duties at the airport, will now have their pay, hours and holiday entitlement negotiated for them.
The post Today’s top story is…recognition for DHL workers appeared first on Unite Live.
The Bank of England (BoE) announced for the first time today (August 3) that interest rates will stay higher for longer, in an effort, it says to battle soaring price rises.
The post Workers still paying the price appeared first on Unite Live.
Unite has slammed the Bank of England (BoE) for hiking up interest rates yet again on Thursday (June 22) after new figures showed inflation continued at a much higher than expected rate of 8.7 per cent. The BoE raised interest rates by half a percentage point to 5 per cent, the highest in fifteen years, […]
The post Cost of living crisis continues appeared first on Unite Live.
New research by Unite has revealed that the UK banking sector is making bonanza profits on the back of Bank of England interest rates increases. In the first nine months of 2022, the big four UK banks (Barclays, HSBC, Lloyds and NatWest) recorded profits of £19.8 billion. Since the end of 2021, big banks’ bank […]
The post Profits ‘bonanza’ for big banks appeared first on Unite Live.
When both the Bank of England governor Andrew Bailey and prime minister Boris Johnson said recently that workers shouldn’t ask for pay rises because it may set off an inflationary spiral, he got one…Read more…
With FTSE 100 CEO pay now back at pre-pandemic levels at a median of £3.6 million, the leader of Unite the union has called out the governor of the Bank of England for failing to speak up on the need…Read more…
The Bank of England has today (March 17) raised interest rates for the third time in a row, from 0.5 per cent to 0.75 per cent – a move that Unite has warned will further squeeze household finances…Read more…
Energy bills are rising, and the cost of basic goods and services are increasing at a rate not seen in many years. In response, another wealthy individual felt the need to lecture working people….Read more…
Unite has condemned comments by Bank of England governor Andrew Bailey, who has said workers should not ask for pay rises to avoid a so-called ‘wage-price spiral’ – a theoretical scenario dismissed…Read more…
There is no way the UK can prepare for a no deal Brexit, and growth is “guaranteed” to fall if the country crashes out of the EU, the governor of the Bank of England (BoE) told MPs yesterday…Read more…
Andrew Haldane, Chief Economist at the Bank of England, has pointed to the decline in trade union power as a key factor in the last ten years of real wage stagnation, alongside the rise of insecure work, low productivity and automation.
Speaking to tr…Read more…
Unite declared victory after it announced an end to its pay dispute at the Bank of England earlier this week (September 5). In a victory for the workforce, Unite members at the bank have voted…Read more…
In a stunning display of solidarity, workers involved in three separate disputes were joined by Unite Community branches from across London in a protest against low pay under the banner of…Read more…
Striking hospital workers, cabin crew and Bank of England staff will be coming together for a series of protests in London tomorrow (August 3) to highlight their fight for better pay. …Read more…
Today (August 1) Unite members at the Bank of England began a three day strike. All they are asking for is fair pay. Without consulting the union or staff, the bank imposed a one per cent…Read more…
After last-ditch talks to resolve a pay dispute failed yesterday, strike action at the Bank of England resumed today (August 1). The strike will continue on Wednesday (August 2) and Thursday…Read more…
Staff at the Bank of England have voted overwhelmingly in favour of strike action in a ballot calling on their employer to give them a decent pay deal. In the industrial action ballot 95 per cent…Read more…
As the Bank of England dumped a data reservoir of cold water over Osborne’s claims of a ‘motoring’ economy and economic miracle, the Governor is spinning in no man’s land between the two views….Read more…