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Unite reaches deal with Bank of England

Unite reaches deal with Bank of England

05 September 2017

Unite, the union representing staff at the Bank of England has today (5 September) announced an end to its pay dispute at the Bank of England. 

In a victory for the workforce Unite members at the bank have voted to accept a deal and end the dispute which brought three days of strike action in August. 

Mercedes Sanchez, Unite regional officer, said: “Unite is pleased to bring the Bank of England dispute to an end having secured significant improvements for staff across the organisation.  

“Unite members have shown that by standing firm against an employer attempting to ignore their rights they can succeed. 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.

“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. As part of the deal Unite has also secured extra annual leave for bank staff, as well as a payment for lower paid staff in the 2017/18 pay review.”

Unite balloted its members on the settlement during August. 60 per cent of Unite members accepted the new offer in order to end the dispute at the bank. 

ENDS

For further information contact Saba Edwards; 07768 693 953.   

Notes to editors:

  • Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.