The days in question are August 26 and 31 and September 8 and 9. The four-day turmoil for the British postal services follows that declared by the UNITE union of eight days (21-29 August) for the longshoremen of the largest container terminal in the country, in Felixstowe, Eastern England, which runs the risk of verifying a paralysis of logistics and maritime transport.
Previously, it was the turn of the railways, with the recent one-day national strike organized by the Rail Maritime and Transport Workers (RMT), after the historic three-day one that took place in June: in both cases they caused severe inconvenience for millions of Britons after the trains stopped.
At the center of all trade union measures is the salary recomposition requested by workers in the face of an already unsustainable cost of living for millions of families.
recession and inflation
The Bank of England (BoE) announced last Thursday a rise of 50 basis points in its reference rates, a drastic measure to counteract the inflation which is expected to exceed 13% per year in October, the date on which the United Kingdom will enter a recession that will last until the end of 2023.
“The Monetary Policy Committee opted by a majority of 8 to 1 for an increase in the reference rate of 0.5 percentage points, to 1.75%”explained the monetary institution in the minutes of the meeting, following in the footsteps of the US Federal Reserve and the European Central Bank in accelerating the pace of their increases.
It is the biggest BoE rate hike since 1995, when UK inflation already hit 9.4% year-on-year in June, a 40-year high, fueling a looming cost-of-living crisis, particularly for households. less wealthy Britons.
With gas prices skyrocketing since the Russian invasion of Ukraine began, the agency expects the country’s energy regulator United Kingdom, Ofgem raise electricity price cap for consumers by 75% in October.
The regulator also announced on Thursday that the cap would now be reviewed on a quarterly basis, compared to the biannual pace employed so far, to improve market stability, which in the current context suggests another painful spike in prices from January.
Source: Ambito
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