Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

UK to tighten strike rules - Kwarteng

Published 23/09/2022, 09:54
Updated 23/09/2022, 10:47
© Reuters. FILE PHOTO: Britain's Chancellor of the Exchequer Kwasi Kwarteng walks outside Downing Street in London, Britain, September 23, 2022. REUTERS/Maja Smiejkowska

© Reuters. FILE PHOTO: Britain's Chancellor of the Exchequer Kwasi Kwarteng walks outside Downing Street in London, Britain, September 23, 2022. REUTERS/Maja Smiejkowska

LONDON (Reuters) - British finance minister Kwasi Kwarteng said on Friday that the government would force transport companies to maintain a minimum level of service during strike action, and require pay offers to be put to members during pay negotiations.

© Reuters. FILE PHOTO: British Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng arrives for the announcement of Britain's next Prime Minister at The Queen Elizabeth II Centre in London, Britain September 5, 2022. REUTERS/Phil Noble

"It is simply unacceptable that strike action is disrupting so many lives," he told parliament during a mini-budget announcement. "Other European countries have Minimum Service Levels to stop militant trade unions closing down transport networks during strikes. So we will do the same.

"And we will go further. We will legislate to require unions to put pay offers to a member vote, to ensure strikes can only be called once negotiations have genuinely broken down."

Latest comments

Feck of you doughnut!!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.