BoE work­ers on strike for first time in 50 years

Kuwait Times - - BUSINESS -

Strik­ing em­ploy­ees at the Bank of Eng­land wore com­i­cal masks depict­ing the face of Gov­er­nor Mark Car­ney yes­ter­day as they stood out­side the in­sti­tu­tion de­mand­ing bet­ter pay.

The three-day strike - the cen­tral bank’s first in over 50 years - came after work­ers failed to reach a deal that would al­low them to keep their wages grow­ing as much as in­fla­tion, which is now at 2.6 per­cent an­nu­ally. Some 40 work­ers, in­clud­ing main­te­nance and se­cu­rity work­ers, car­ried signs read­ing “Bank of Eng­land staff want fair pay.”

An of­fi­cial with the union, Unite, Peter Ka­vanagh, said the work­ers had “been left with no choice but to take in­dus­trial ac­tion be­cause they are fac­ing an­other year of hav­ing to en­dure a pay cut im­posed upon them.” Ka­vanagh said Car­ney should meet the pro­test­ers to ex­plain “why hard­work­ing men and women de­serve to face years of pay cuts.”

The cen­tral bank noted that the num­ber of strik­ers is small and says it will “con­tinue to op­er­ate as nor­mal dur­ing this pe­riod.”The bank is­sued a state­ment which said it had been in talks with the union, “and re­mains ready to con­tinue those talks at any time.” —AP


LON­DON: Demon­stra­tors hold plac­ards depict­ing an im­age of Bank of Eng­land Gov­er­nor Mark Car­ney, as they protest dur­ing a strike against pay, out­side the Bank of Eng­land in the City of Lon­don yes­ter­day.

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