Pay row leaves Bank of England facing its first strike in 50 years - News Summed Up

Pay row leaves Bank of England facing its first strike in 50 years


Members of the Unite union will be taking four days of strike action from July 31 to August 3, including Super Thursday, one of the Bank’s four biggest policy days Hannah McKay/ReutersStaff at the Bank of England have voted overwhelmingly in favour of industrial action in a ballot calling for higher pay. It is the first time that the 323-year-old central bank has faced a staff strike in more than half a century. Unite, the trade union, told the Bank that its members working in the security and maintenance departments, as well as the “parlours”, the offices used by Mark Carney, the governor, and his senior colleagues, will be taking four days of strike action from July 31 to August 3. This includes Super Thursday, one of the Bank’s four biggest policy days, when the Inflation Report is published, interest rates are decided and the governor holds a press conference. The Bank downplayed the result of…


Source: The Times July 03, 2017 23:03 UTC



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