
British union rejects Rolls-Royce’s latest pay offer
Read Time:25 Second
Workers’ union Unite on Tuesday rejected aircraft engine maker Rolls-Royce’s (RR.L) latest pay offer, which included a 2000-pound ($2,455) cash lump sum to much of its British workforce, saying it still fell short of expectations.
“The revised offer still falls a long way short of the cost of living crisis claim submitted by our members and their expectations,” a Unite spokesperson said via email. “Unite senior reps are in discussions to decide next steps.”
($1 = 0.8147 pounds)
SOURCE: REUTERS
Related Post
India inflation likely to exceed top of RBI band until December, governor says
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above...
Juul ban could allow Altria to explore e-cigarette options
Juul's U.S. e-cigarette ban could pave the way for Altria (MO.N), one of its largest investors, to pursue other vaping product...
U.S. new home sales rebound in May; consumer sentiment at record low
Sales of new U.S. single-family homes unexpectedly rose in May, but the rebound is likely to be temporary as home...
Barclays strikes $2.8 billion deal to buy mortgage lender Kensington
Barclays (BARC.L) has struck a deal worth around 2.3 billion pounds ($2.8 billion) to buy specialist lender Kensington Mortgage Company, extending its...
Britons, shaken by cost-of-living squeeze, cut back on shopping
British consumers cut back on shopping in May in the face of fast-rising inflation, and a measure of their confidence...
Customer Identification Fulfilment Mistakes – How to Overcome Them?
Determining customer identity online is one of the most important factors in any business. You need to ensure that you...