In UK, workers strike as inflation crushes earnings
Britain flag and wooden cubes with text, concept on the theme of inflation in England. Picture: iStock
Tens of thousands of staff are expected to strike over the two days, leaving a skeleton train service that will hit holidaymakers and commuters, even if home-working continues for many office staff after Covid restrictions were lifted. “This record fall in real wages demonstrates the vital need for unions like Unite to defend the value of workers’ pay,” Graham said, while hitting out at suggestions, including from BoE governor Andrew Bailey, that pay rises were fuelling inflation.
More than 115,000 British postal workers employed by former state-run Royal Mail plan a four-day strike from the end of August. It also claimed, however, that “the vast majority” of companies “can’t afford large enough pay rises to keep up with inflation”.
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