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Bank of England staff to go on strike over pay deal

News   •   Jul 04, 2017 09:38 BST

Staff at the Bank of England have voted overwhelmingly in favour of strike action in a ballot calling on their employer to give them a better pay deal. In the ballot, 95% voted for strike action which will be for the first time at the bank in over 50 years.

Unite has informed the Bank of England that its members working in the maintenance, parlours and security departments will be taking four days of strike action on 31st July, 1st, 2nd and 3rd August 2017. If both sides fail to resolve the pay dispute, the union will be consulting its members across other departments of the bank as part of the escalation plan.

"It is repeatedly said that staff are an organization's greatest asset, so if that is the case then we need to have plans in place to deal with their loss," said David Thorp, Executive Director at the Business Continuity Institute. "With the UK Government insistent that all public sector pay rises are to remain capped at 1%, it is likely that this will be the first of many strikes to be called across the country over the foreseeable future."

Unite regional officer Mercedes Sanchez said: “Staff at the Bank of England have made their anger clear by voting for strike action in July.  The result will be that the bank’s sites, including the iconic Threadneedle Street in the city of London will effectively be inoperable without the maintenance, parlours and security staff."

However, a spokesperson for the Bank of England responded that: "Should the strike go ahead, the Bank has plans in place so that all sites can continue to operate effectively.

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