AIRLINK 74.02 Increased By ▲ 0.02 (0.03%)
BOP 5.00 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.50 Increased By ▲ 0.08 (1.81%)
DFML 39.65 Increased By ▲ 0.45 (1.15%)
DGKC 86.27 Increased By ▲ 0.18 (0.21%)
FCCL 21.65 No Change ▼ 0.00 (0%)
FFBL 34.26 Increased By ▲ 0.25 (0.74%)
FFL 9.93 Increased By ▲ 0.01 (0.1%)
GGL 10.71 Increased By ▲ 0.15 (1.42%)
HBL 114.00 Increased By ▲ 0.11 (0.1%)
HUBC 135.99 Increased By ▲ 0.15 (0.11%)
HUMNL 12.05 Increased By ▲ 0.15 (1.26%)
KEL 4.92 Increased By ▲ 0.08 (1.65%)
KOSM 4.59 Increased By ▲ 0.06 (1.32%)
MLCF 38.50 Increased By ▲ 0.23 (0.6%)
OGDC 135.25 Increased By ▲ 0.40 (0.3%)
PAEL 26.52 Increased By ▲ 0.17 (0.65%)
PIAA 19.24 Decreased By ▼ -1.56 (-7.5%)
PIBTL 6.86 Increased By ▲ 0.18 (2.69%)
PPL 122.99 Decreased By ▼ -0.01 (-0.01%)
PRL 27.61 Increased By ▲ 0.92 (3.45%)
PTC 14.31 Decreased By ▼ -0.02 (-0.14%)
SEARL 59.40 Increased By ▲ 0.28 (0.47%)
SNGP 69.40 Decreased By ▼ -0.10 (-0.14%)
SSGC 10.32 Decreased By ▼ -0.01 (-0.1%)
TELE 8.55 Increased By ▲ 0.05 (0.59%)
TPLP 11.24 Increased By ▲ 0.01 (0.09%)
TRG 64.87 Increased By ▲ 0.02 (0.03%)
UNITY 26.36 Increased By ▲ 0.11 (0.42%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
BR100 7,869 Increased By 18.2 (0.23%)
BR30 25,380 Increased By 44 (0.17%)
KSE100 75,398 Increased By 190.9 (0.25%)
KSE30 24,200 Increased By 57.5 (0.24%)

LONDON: More than 1,900 workers at Britain’s biggest container port are due on Sunday to start eight days of strike action which their union and shipping companies warn could seriously affect trade and supply chains.

The staff at Felixstowe, on the east coast of England, are taking industrial action in a dispute over pay, becoming the latest workers to strike in Britain as unions demand higher wages for members facing a cost-of-living crisis.

“Strike action will cause huge disruption and will generate massive shockwaves throughout the UK’s supply chain, but this dispute is entirely of the company’s own making,” said Bobby Morton, the Unite union’s national officer for docks.

“It [the company] has had every opportunity make our members a fair offer but has chosen not to do so.” On Friday, Felixstowe’s operator Hutchison Ports said it believed its offer of a 7% pay rise and a lump sum of 500 pounds ($604) was fair.

UK leadership hopeful Truss downplays prospect of recession

It said the port’s workers union, which represents about 500 staff in supervisory, engineering and clerical roles, had accepted the deal.

Unite, which represents mainly dock workers, says the proposal is significantly below the current inflation rate, and followed a below inflation increase last year.

“The port regrets the impact this action will have on UK supply chains,” a Hutchison Ports spokesperson said.

The port said it would have a contingency plan in place, and was working to minimise disruption during the walkouts which will last until Aug. 29.

Shipping group Maersk, one of the world’s biggest container shippers, has warned the action would have a significant impact, causing operational delays and forcing it to make changes to its vessel line-up.

Figures released on Aug. 17 showed Britain’s consumer price inflation hit 10.1% in July, the highest since February 1982, and some economists forecast it will hit 15% in the first three months of next year amid surging energy and food costs.

The squeeze on household incomes has already led to strikes by the likes of rail and bus workers demanding higher pay rises.

Comments

Comments are closed.