FirstFT: UK faces first national train drivers’ strike in 25 years

Good Morning. This article is a version on our site FirstFT Newsletter. Subscribe to us Asia, Europe / Africa or America Edition to send it directly to your inbox every weekday morning

The head of the UK Rail Drivers’ Association has warned against “Massive” disruption this summer As members prepare to vote for their first national strike since 1995.

The vote in Aslef, which represents drivers, is consistent with a similar vote by staff at TSSA stations and ticket offices. These are following the RMT strike last month, which brought train travel in the country to a standstill.

With protesters blocking parts of the highway yesterday due to high fuel prices, the prospect of a further train departure due to wages and rising inflation threatens to exacerbate travel chaos in the UK.

Aslaf votes at the polls in 10 railway companies, with the first results to be published next week. Ms Willen, Asalf’s secretary general, told the Financial Times that it was “likely” that ports would be coordinated, and in fact lead to the first national drivers’ strike since 1995.

“It will be much more disturbing than it was before. We do not strike very often” – Mick Willen

Whelan said workers have been offered a 2 percent wage increase plus savings from productivity gains, but the union wants a near-increase in inflation, which is expected to reach 11 percent by October.

What do you think of the new train strikes? Are they an effective bargaining tool? Tell us in And we may present your response in the next issue of the newsletter. Thank you for reading FirstFT Europe / Africa. Here’s the rest of today’s news – Jennifer

Germany formulates a law to take part in gas importers Berlin has drafted legislation that allows this Take parts in companies Disabled by the rising price of imported gas when tensions with Russia threaten to plunge the country’s electricity economy into crisis. The law may pass as early as this week.

2. KPMG’s business in the UAE is booming The businesses of the group of major accountants in the United Arab Emirates were Split by internal battleWhen the CEO survived a coup attempt after two senior partners raised government concerns and were later fired.

If you have insight into accounting issues, please contact us and If your information is sensitive, consider contacting us through one of them These secure methods.

3. Vladimir Putin calls for pushing for Donetsk The President of Russia has Ordered his senior generals to advance Towards western parts of Donetsk after his army occupied the Luhansk region in the Far East over the weekend, marking Moscow’s first takeover of an entire Ukrainian province since the beginning of the February invasion.

Moscow, along with its proxy separatist forces, has controlled large parts of the Luhansk and Donetsk regions that have formed Donbas since it sparked a 2014 hacking conflict © AP

4. Boris Johnson knew of allegations of misconduct against the MP Downing Street admitted that the British Prime Minister was Aware of some of the allegations of sexual misconduct Against Chris Fincher before giving the now humiliated Torah MP a role in overseeing party discipline and welfare, while dismissing last week’s denial that Johnson knew of “specific allegations.”

5. TikTok eliminates the expansion of e-commerce in Europe and the US The Chinese-owned social media platform has Abandoned plans to expand Its live e-commerce initiative, following its emergence into UK-style QVC shopping has been hit by internal issues and struggled to gain a consumer grip.

The day ahead

Britain imposes sanctions on Belarus Downing Street will do just that Expand the punitive measures Focus on imports and exports and the ability of Belarusian companies to use London’s financial markets amid government support for Russia’s invasion of Ukraine.

ECB crypto warning The Supervisory Board of the European Central Bank convenes to discuss the issue Urgent need for “harmonization” Of regulation between the eurozone countries in anticipation of the pending cryptocurrency laws of the European Union.

Economic Data France, Germany, Italy, the United Kingdom and the United States have purchasing managers’ data from the Services sector. The S&P Global Composite Index of the Eurozone in Manufacturing and Services also emerged. In the U.S., economists expect there to be production orders Rose in May On strong demand for goods despite disruptions in the supply chain. (FT, WSJ)

A vortex strike Employees of the American washing machine manufacturer will do this At the polls for industrial action For what union leaders called an “insulting” wage offer. In other corporate news, J Sainsbury’s first quarter trading update will echo Tesco’s decision to adopt a lower pricing strategy.

What else are we reading

Who pays for climate change? A Peruvian farmer is suing the German electricity company RWE for the emissions he has produced for 124 years, which he claims have contributed to the warming that threatens his hometown of Huarez. The case is just one of a A huge number of climate-related lawsuits Filed since the signing of the Paris Agreement six years ago.

Saul Luciano Lia

Peruvian farmer Saul Luciano Liua sues RWE for worldwide emissions © Luka Gonzales / AFP / Getty Images

The man behind the App Store who led the Spac catastrophe Ron Johnson, who was picked in 2000 by Steve Jobs after a successful run at Target, wins the development of the Apple Store, the iPhone maker’s most successful retail bet. But his latest attempt to capture the charms of retail has come to a dead end Symbol of boom and bust In empty check companies.

Why group thinking might be a good thing after all If you have ever looked closely at collective decision making, you may have seen something that looks very much like group thinking. Although it is difficult to quantify its impact, an organization that operates out of a unity of purpose is a better bet than an organization that is paralyzed by indecision or internal division, Writes Stephen Bush.

In the regulation of gambling, the house should not win Are deregulation impulses on Downing Street about to give victory to the gambling industry? Helen Thomas argues That adding gambling addiction to corporate abuse and the power of the technological monopoly on the list of problems neglected by reform efforts would be a tragic mistake.

It’s time to change my subscription model When we struggle through the fatigue of subscribers in a market saturated with monthly membership fees, Robert Shrimsley is a researcher Its ecosystem of deliveries, streaming services, newsletters and other payments. No more, he swears, he will fall into a demographic that is interested enough to sign up but too stupid to cancel.


Rare books win huge prices. It’s not easy to earn “invaluable” numbers on the black market – but that does not stop thieves from trying. M High-tech robbery of ancient crime ringsThe literary underworld will make a fascinating novel of its own.

A cartoon library scene with a number of masked burglars

There is a joke in the world of rare books, manuscripts and maps that “every rare book is stolen at least once” © Uijung Kim

Thanks for reading and remember you can Add FirstFT To myFT. You can also choose to receive a FirstFT push notification every morning in the app. Send your recommendations and feedback to Sign up Here.

FirstFT: UK faces first national train drivers’ strike in 25 years Source link FirstFT: UK faces first national train drivers’ strike in 25 years

Related Articles

Back to top button