Breaking News
Investing Pro 0

UK telecoms workers to hold two-day strike over pay

Economy Jul 15, 2022 17:35
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: Logo of British Telecom (BT) is displayed outside a store in London, Britain, November 15, 2019. REUTERS/Simon Dawson/File Photo
 
BT
-4.94%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

LONDON (Reuters) -More than 40,000 British workers for telecoms company BT Group (LON:BT) will hold a two-day national strike over pay on July 29 and Aug. 1, their first such action in 35 years, the Communication Workers Union (CWU) said on Friday.

"The reason for the strike is simple: workers will not accept a massive deterioration in their living standards," CWU General Secretary Dave Ward said.

The union previously said the strike would delay broadband rollout and may disrupt phone and internet users, including those working from home.

BT Group said it was not prepared to improve its offer of a flat 1,500 pound ($1,777) pay rise, which it said was equivalent to a 5% increase for the average worker.

"We have confirmed to the CWU that we won't be re-opening the 2022 pay review, having already made the best award we could," a BT Group spokesperson said.

"We will work to minimise any disruption and keep our customers and the country connected," the spokesperson added.

The latest announcement by the CWU follows a wave of industrial action over pay and working conditions affecting various workers including airport staff and rail workers as Britain faces soaring inflation and a cost-of-living crisis.

($1 = 0.8439 pounds)

UK telecoms workers to hold two-day strike over pay
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
John Bull
John Bull Jul 15, 2022 19:53
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Are the government going to print more money in order to satisfy all the wage demands? We have been living way beyond our means since Sir Tony's days. Expect the pound to keep falling.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email