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03
AUG
2017

The Bank of England strike has come to an end

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Today is the last day of the strike from the Bank of England staff. This strike has affected departments from maintenance, parlours and security. The strike started on 1st August and has been going on for 3 days. This strike will be the first one from the Bank of England for 50 years. The workers have worn masks of Mark Carney’s face, the Governor of the Bank of England.

 

Why is the strike taking place?

Staff have been on strike due to their fury over their pay. Their pay has been a below-inflation rise for two years on the run. Their rise was a 1% increase, while a third of staff have not had an increase at all. Unite have stated that this is unreasonable due to inflation being at 2.3% in 2017.

 

Unite stated it is simply not fair and the only way to resolve this issue is to take action and strike. This is not what the staff wanted however, it had to be done as no one was taking any action from the senior level, including Mark Carney who has refused to speak. The Governor must take responsibility for this, Unite are hoping that Mark Carney is going to negotiate with employees.

 

The Bank of England has continued to work as usual, with nothing being affected by any of their sites. Cash machines and other banking services have been running as usual with them being able to upkeep themselves for the time period of the strike.

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