BANK OF ENGLAND BOFFIN KNOCKS THE SPOTS OFF THE COMPETITION March 31, 2010 WHEN it comes to pepping up weighty speeches with witty references to popular culture, the boffins from the Bank of England aren’t exactly known for being trailblazers. But Andrew Haldane, the Bank’s executive director for financial stability, tore his peers’ stuffy image to shreds in a speech in Hong Kong this week by managing to [...]
Network Rail to seek strike injunction March 31, 2010 A LEGAL standoff between Network Rail and trade union RMT has been pushed back to today, after the rail operator threatened to seek an injunction against a proposed strike by signalling staff. The two will meet this morning in front of a High Court judge to push for an injunction to prevent a three-day walkout [...]
Wave of strikes set to cause transport chaos March 30, 2010 BRITONS are facing a spring of strikes with a raft of airline, rail and tube walkouts hitting travellers. Major disruptions are likely as British Airways (BA), Network Rail and London Underground staff threaten to launch further walkouts. The news comes as Network Rail has taken legal action against rail union RMT over threats of a [...]
Unite to give BA staff cash March 29, 2010 THE UNITE union has pledged to raise £700,000 to pay striking British Airways (BA) cabin crew, in a move designed to show it has the stomach for more walkouts. It will impose a two per cent levy on each of the local Unite branches in the next quarter, and will use the cash to pay striking [...]
Network Rail to meet trade unions March 28, 2010 RAIL unions are set to go back into talks with Network Rail today in a bid to avoid a post-Easter industrial action. The Advisory, Conciliation and Arbitration Service (ACAS) said that rail unions Rail, Maritime and Transport (RMT) and the Transport Salaried Staffs Association (TSSA) will sit down with Network Rail to resolve their dispute. [...]
Network Rail staff to strike March 25, 2010 BRITAIN’S railways are set to descend into chaos in the four days immediately after Easter, after rail union RMT yesterday called a crippling national rail strike for the first time in 16 years. Strikes are set to go ahead on each of four days between 6am and 10am and between 6pm and 10pm, starting on [...]
Tube staff threaten strike March 24, 2010 LONDON Underground has been given until the end of today to withdraw plans to axe 800 jobs or workers will walk out of the job. The Rail, Maritime and Transport (RMT) union, which is representing workers facing job cuts said it will call a ballot for strike if management doesn’t comply. “We have already warned [...]
Network Rail, British Gas set to strike March 23, 2010 NETWORK Rail and British Gas joined the ranks of British Airways (BA) yesterday after staff at the two companies voted in favour of a strike action. Network Rail sat down with the Rail, Maritime & Transport (RMT) union yesterday to come to an agreement over a proposal by the rail operator to cut 1,500 maintenance [...]
Rail union votes for strike March 19, 2010 RAILWAY signal workers have voted to go on strike in action which threatens to throw easter travel plans into chaos. The Rail Maritime and Transport union (RMT) said 54 per cent of its members had backed strike action over redundancies. A spokesman for the RMT leader Bob Crow is still willing to negotiate with Network [...]
Network Rail staff to vote on a strike March 10, 2010 NETWORK Rail maintenance workers will vote today on whether they will take industrial action and launch the largest rail strike in 16 years. Up to 12,000 maintenance crew will vote this morning on a possible strike, according to a spokesperson from the National Rail, Maritime and Transport (RMT) Union, which is representing the workers. Similarly, [...]