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Home›World›The Buzz | Bank of England workers on strike for first time in 50 years

The Buzz | Bank of England workers on strike for first time in 50 years

By -
Wednesday, August 2, 2017
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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.”

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