• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
Thursday, March 30, 2023
MircoNews.com
  • Home
  • Stock Market News
  • Forex News
  • Economy News
  • Cryptocurrency News
  • Business News
  • Analysis
No Result
View All Result
MircoNews.com
No Result
View All Result

British rail workers start new year with week-long strike By Reuters

by Kathy Lien
January 3, 2023
in Economy News
Reading Time: 2 mins read
A A
Taiwan, Japan eye ‘all round cooperation’ on chips By Reuters
ShareShareShareShareShare

Related posts

How to talk to your aging parents about safe driving By Reuters

How to talk to your aging parents about safe driving By Reuters

March 30, 2023
Dollar holds its ground as selloff drags down Aussie, Bitcoin By Reuters

Some central bank review proposals may need legislative changes By Reuters

March 29, 2023

© Reuters. FILE PHOTO: A traveller boards a train, during a rail workers’ strike over pay and terms, at Waterloo Station in London, Britain December 16, 2022. REUTERS/Toby Melville/File Photo

By Sachin Ravikumar and Farouq Suleiman

LONDON (Reuters) – British rail workers kicked off the new year with a week-long strike on Tuesday, disrupting the return to work for millions of commuters in the latest bout of industrial action to hit the country.

Britain is in the grip of its worst run of worker unrest since Margaret Thatcher was in power in the 1980s, as surging inflation follows more than 10 years of stagnant wage growth, leaving many workers unable to make ends meet.

Repeated rail strikes have crippled the network in recent months while nurses, airport staff, paramedics and postal workers have also joined the fray, demanding higher pay to keep pace with inflation that is hovering around 40-year highs, reaching 10.7% in November.

Teachers are due to go on strike in Scotland next week.

“Due to industrial action, there will be significantly reduced train services across the railway until Sunday 8 January,” Network Rail said.

“Trains will be busier and likely to start later and finish earlier, and there will be no services at all in some places.”

The government has said it cannot afford to give public sector workers an inflation-matching rise, meaning there is no end in sight to what has been dubbed a new “winter of discontent” in reference to the industrial battles that gripped Britain in the late 1970s.

A YouGov poll published in December found two-thirds of Britons support the nurses’ strike. The majority of those surveyed said the government was most to blame for the action and Prime Minister Rishi Sunak could suffer if the disruption runs through 2023.

Mick Lynch, the head of the RMT rail union, said the government seemed content for the strikes to go ahead.

“All the parties involved know what needs to be done to get a settlement, but the government is blocking that,” Lynch told the BBC.

The government has called on union bosses to return to the negotiating table, aware that the strikes are taking a heavy toll on businesses that rely on commuters, such as coffee shops and pubs in town centres.

“The only way you get a deal sorted out is to get the trade unions and employers around the negotiating table and not on the picket line and that’s what I want to see happen,” Transport Minister Mark Harper told Times Radio.

Credit: Source link

ShareTweetSendPinShare
Previous Post

3D Factory Collaborates With TNC Group to Scale Super Cup NFTs By CoinEdition

Next Post

Southwest Airlines is sued for not providing refunds after meltdown By Reuters

Next Post
‘Spider-Man’ ignites pandemic box office with historic opening By Reuters

Southwest Airlines is sued for not providing refunds after meltdown By Reuters

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Dollar Edges Lower; Risk Sentiment Remains Fragile By Investing.com

Dollar steadies near seven-week low; Fed set to pause? By Investing.com

6 days ago
Next warns of ‘challenging’ year as inflation weighs on profits

Next warns of ‘challenging’ year as inflation weighs on profits

24 hours ago
‘Hard to fluster’ adviser lands central role in US bank mess clean-up

‘Hard to fluster’ adviser lands central role in US bank mess clean-up

1 day ago
Correction Has Started: Will Bulls Remain in Control?

Stocks Face Crucial Test Next Week: 2 Questions That Could Decide Fed’s Next Move

6 days ago
Money market funds swell by over $273bn as investors pull deposits from banks

Money market funds swell by over $273bn as investors pull deposits from banks

4 days ago
Yen surges after Japan intervenes with first support since 1998 By Reuters

South Korea’s weak exports, easing prices may keep rates on hold By Reuters

March 21, 2023
Hawkish Fed, Dovish PBOC Diverge in New Phase of Pandemic Policy By Bloomberg

Standard Chartered-owned crypto custodian registers with Luxembourg regulator By Reuters

March 10, 2023
Bank share sell-off spreads to Japan as SVB collapse shakes markets

Bank share sell-off spreads to Japan as SVB collapse shakes markets

March 14, 2023
Illustrative Space Launches Proof of Presence (PoP) at SXSW By DailyCoin

Signature’s crypto clients told to close their accounts by April 5: Report By Cointelegraph

March 29, 2023
Dollar dips after U.S. consumer prices data By Reuters

Dollar retreats as banking support prompts relief rally By Investing.com

March 17, 2023
Crypto Flipsider News – Coinbase Faces Lawsuit, Solana Gets Coinbase Support; Cardano’s Hydra to Launch Soon; Ripple to Give 1 Billion XRP to Developers; BSC Overtakes Ethereum; Australia Sues Facebook

OKBChain Will Be an L2 Chain of Ethereum, Says OKX Founder By CoinEdition

March 20, 2023

About Us

mirconews.com is an online news portal that aims to provide the Stock Market News, Forex News, Economy News, Cryptocurrency News, Business News, Analysis and much more stuff like that around the world.

What’s New Here!

  • Faraday Future starts EV production of FF 91 after months-long delay By Reuters
  • How to talk to your aging parents about safe driving By Reuters
  • Heartache and hard breaks in the algorithmic betting pool

Topics to Cover!

  • Analysis (958)
  • Business News (1,885)
  • Cryptocurrency News (1,633)
  • Economy News (1,630)
  • Forex News (1,285)
  • Stock Market News (1,627)

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - mirconews.com - All rights reserved!

No Result
View All Result
  • Home
  • Stock Market News
  • Forex News
  • Economy News
  • Cryptocurrency News
  • Business News
  • Analysis

© 2021 - mirconews.com - All rights reserved!