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Both Bank of England Governor Andrew Bailey and U.K. Finance Minister Jeremy Hunt on Monday told an audience in the City of London that high wage settlements were harming their efforts to contain inflation. Much of the increase in pay has been driven by the private sector, with annual wage growth increasing to 7.6% in the three months to April. However, Bank of England Governor Bailey noted in his Mansion House speech on Monday that the British economy has proven unexpectedly resilient. Last summer saw a slew of strikes and protests as real wages, which reflect the power of a worker's pay after accounting for inflation, declined at a record rate. "No question about it, current nominal wage growth remains far too high relative to the sustainable rate of probably around 3.5-4.0% yoy.
Persons: Mark Kerrison, Andrew Bailey, Jeremy Hunt, Stuart Cole, BoE, Rishi Sunak, Danni Hewson, AJ Bell, Bank of England Governor Bailey, Sanjay Raja, Raja, Equiti's Cole, Bailey, Kallum Pickering, Pickering Organizations: National Education Union, Department for Education, Getty, LONDON, Bank of England, National Statistics, . Finance, City of, Equiti, Monetary, Deutsche Bank, MPC, Treasury, Bank, The, England's Locations: London, United Kingdom, City, City of London, Ukraine
Teachers in England to strike for two more days in July
  + stars: | 2023-06-17 | by ( ) www.reuters.com   time to read: +1 min
LONDON, June 17 (Reuters) - Teachers in England will strike on July 5 and July 7, the National Education Union (NEU) said on Saturday, staging further industrial action over a pay and funding dispute with the government. The new dates announced by Britain's largest education union come on top of at least six days of walk-outs by teachers in England from February to May. Teachers rejected a government pay offer for an average rise of 4.5% plus a 1,000 pound one-off payment in April. While teachers in Wales and Scotland have settled their dispute, the NEU said Britain's Education Minister Gillian Keegan was not doing enough to stop further industrial action in England. Workers in healthcare, transport, the civil service and other sectors have gone on strike over the past year across Britain in pay disputes as inflation reached 40-year-highs.
Persons: Gillian Keegan, Sarah Young, Andrew Heavens Organizations: National Education Union, Britain's, Teachers, Education, Workers, Thomson Locations: England, Wales, Scotland, Britain
Teachers in England reject pay offer, announce further strikes
  + stars: | 2023-04-03 | by ( ) www.reuters.com   time to read: +2 min
LONDON, April 3 (Reuters) - Teachers in England have overwhelmingly rejected a pay offer from the British government aimed at ending a series of disruptive strikes, their trade union said on Monday, announcing two further days of walkouts. The National Education Union, Britain's largest education union, said 98% of teachers who voted in the ballot followed its advice to reject the offer of a one-off payment this year of 1,000 pounds and an average pay rise of 4.5% in the next financial year. The union said teachers would take two further days of strike action, on April 27 and May 2. Teachers in Wales have ended their strike action after voting to accept a pay offer comprising an additional 3% pay award for 2022/23 alongside a 1.5% one-off payment, and a government-funded 5% rise for the following year. Scotland's largest teaching union has also accepted a pay deal to end long-running strikes, which it said would amount to a 14.6% increase in pay for most teachers by January 2024.
LONDON, March 17 (Reuters) - The British government and teaching unions agreed on Friday to begin "intensive" talks to end strikes by hundreds of thousands of teachers in England who say they are overburdened and underpaid. The government and teaching unions said the National Education Union (NEU) — the largest striking union — would maintain a "period of calm" for two weeks in which no fresh strikes would be announced. "The Education Secretary and all unions will meet (on Friday), beginning intensive talks, which will continue over the weekend," the government and the unions said in a joint statement, adding that they hoped to reach "a successful conclusion". Teachers staged their latest strikes across England this week, coinciding with the government's annual budget. Scotland's largest teaching union has also accepted a pay deal to end long-running strikes, which it said would amount to a 14.6% increase in pay for most teachers by January 2024.
The bill would require basic service levels to be maintained in the fire, ambulance and rail sectors in the event of walkouts. Strikes will affect around 23,400 schools, about 85%, in England and Wales, with many closed fully or partially. According to the union, pay for experienced teachers has declined by 23% since 2010 once inflation is taken into account. In a sign that industrial unrest could escalate further, UK firefighters have voted to strike for the first time since 2003. The Fire Brigades Union has given the government until February 9 to make an improved pay offer.
Such widespread strike action has not taken place since a dispute over public sector pay in 2011, when more than a million workers are estimated to have taken industrial action. watch nowDemands vary by union but include inflation-beating pay rises, including to redress historic real-terms pay falls; pensions reform; and no cuts in redundancy terms. Postal workers have also been on strike, and firefighters have voted for future strike action. Average pay excluding bonuses rose by 2.7% in the public sector between August and October, as inflation rose above 10%. That compared with a 6.9% pay increase in the private sector, according to national statistics.
Healthcare workers are also taking coordinated action on Feb. 6 for the first time, in what is set to be the biggest day of action in Britain's state-funded National Health Service. TEACHERSTeachers from the National Education Union in England and Wales will take the first of several days of strike action, impacting 23,400 schools. GOVERNMENT STAFFMore than 100,000 workers from the PCS union in government departments and public bodies will take part in a one-day strike. The GMB said more than 10,000 ambulance workers in England and Wales, including paramedics, emergency care assistants and call handlers, will strike on Feb. 6, Feb. 20, March 6 and March 20. Unite said ambulance workers in England would walk out on Feb. 6, Feb. 17, Feb. 20, Feb. 22, Mar.
The National Education Union (NEU), which is organising the teachers' strikes, has asked for an above-inflation pay award funded fully by the government, so that schools can also cover other costs, from stationery to textbooks. With inflation reaching double digits last year, teachers have seen a 23% real-terms pay cut since 2010, the union says. Heighington, who teaches music, said more than a third of experienced full-time teachers and teaching staff had left his school last year. Educators say schools having to pay teachers' salaries from their own pocket has left classrooms starved of money for textbooks, IT upgrades and school trips. Reports say teachers at the elite Winchester College in southern England, where Sunak attended school and was a head boy, are among those striking on Wednesday.
[1/2] Rail workers that are members of the ASLEF union stand at a picket line outside Euston station while on strike, in London, Britain, January 5, 2023. REUTERS/Henry Nicholls/File PhotoLONDON, Jan 15 (Reuters) - Strikes disrupting swathes of the British economy look likely to intensify this week, with teachers ready to announce industrial action, according to the Sunday Times, and nurses warning their strikes could double in size next month. Prime Minister Rishi Sunak's government, which sets pay levels in the publicly-funded health and education services, is already dealing with strikes in rail and other industries as wages increases fall behind rapidly rising prices. Last week, a strike ballot by a different teachers' union fell short of the required turnout threshold. Transport minister Mark Harper told Sky News on Sunday that any decision to strike by teachers would be regrettable.
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