Bank of England withdraws from pay dispute with workers


THE Unite union has declared victory in its pay war with the Bank of England.

Unite says that bank chiefs have accepted a deal to end a dispute that brought three days of strike action in August – the first walkout in 40 years.

“Unite members have shown that by standing firm against an employer attempting to ignore their rights they can succeed,” said Unite regional officer Mercedes Sanchez.

“Unite will now be involved in all future pay negotiations at the bank from the outset. We welcome the bank’s new commitment for fair pay for all its staff.”

The row erupted following reports the bank had imposed a below inflation or no pay rise on staff including cleaners, security and maintenance personnel.

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“During the three days of strike action Unite members made it clear that the current pay situation was unacceptable and the union welcomes the bank’s acknowledgement that changes must be brought forward,” added Mr Sanchez.

Meanwhile, Unite members this week opted to postpone a strike that would have affected St Barts NHS Trust services. Talks of a pay rise for cleaners are ongoing.