Unite union has announced that Bank of England workers will hold a four-day strike in a dispute regarding pay. This is the first time in more than fifty years that the Bank showed such a response. More than one-third of security and maintenance workers will be given no hike at all, this year. And, the rest face a pay below-inflation rise this year. Inflation was 2.9 percent last month, while the Bank offered a 1 percent increase to the workers.
The United regional officer said that the Bank now faces its first strike in over 50 years when staff in vital services across the country will take actions as it is struggling to meet their daily costs. This is the outcome of bank’s unwillingness to negotiate fair pay. Unite said that it will ‘escalate’ the issue if the Bank did resolve the issue. If the strike goes ahead, the Bank has plans in place so that sites can continue to work.
Unite union announced that Bank of England workers will go on a four-day strike due to the dispute regarding pay. This happened for the first time in once in fifty years. No hike will be given to more than one-third security and maintenance workers, while the rest will face a low increase this year. Inflation was 2.9% last month, while the offered only 1% to its workers. The staff in vital services across the country will take actions, as it is not in a condition to meet their daily costs. Hence, Unite said that it will ‘escalate’ the issue if the Bank did not resolve the issue.