Unite union admits that British Airways action is probably over the top
In a surprise development regarding the planned 12 day Christmas strike by British Airways cabin staff, Derek Simpson, the boss of the Unite union, has admitted that the action is "probably over the top". After Gordon Brown entered the fray and pleaded with both parties to negotiate an agreement, the revelation that even some within the union believed the 12 day action is too much does in many ways weaken the union's position.
British Airways is going to the courts today to try and prevent the action which they believe will have a massive impact on the business and the group as a whole. As we covered yesterday, British Airways is looking at a pension fund deficit in excess of £3 billion, significant debts and a business which is losing its reputation due to the inability of the British Airways management and unions to come to an amicable agreement.
There are grave concerns about the medium to long term future of British Airways and when you consider that the sector is still struggling, the Christmas strike action is the last thing the company needs. Many believe we will see both parties enter "real" negotiations in the short term and hopefully a resolution can be reached.
Share this..
Related stories
Ernst & Young Think Tank Issues Gloomy Forecast
Economists at Ernst & Young have issued a rather down beat statement on the state of the UK economy which they suggest will struggle to beat off a recession over the next 12 months. The respected Think Tank has been looking at an array of events and scenarios in the UK and considered how the situation may pan out in the short to medium term, and it does not look good......
The main...
2m new Cars sold in 2012
2012 saw sales of new cars in the UK peak at an 11 year high, as motorists swapped old cars in need of expensive repairs for newer, more reliable alternatives. With over 2 million new cars leaving the forecourt in 2012 there was a rise of 5.3pc over the figures for 2011. Family run-arounds were the most in demand of the new models with Ford, Vauxhall and VW all represented twice each in the top...
Read MoreGovernment plans to build 100,000 discounted starter homes
16/12/2014 The Government is planning to build 100,000 new, discounted homes for first time buyers over the next five years. The “starter homes” will be available to any first time buyers under the age of 40 years, and will cost at least 20% below market value. Buyers will be prevented from selling their homes for a set number of years after their purchase. As well as helping first t...
Read MoreIs the government planning to overshadow the Tory Party conference?
As we await news from the Chancellor with regard to the future of Bradford and Bingley (even though it seems as though most of the details have already been leaked) there is a growing suspicion that the government is looking for political gain with regard to the expected announcement. All of the journalist have their pens at the ready and are waiting to write the news about Bradford and Bingley,...
Read MoreUK car industry in disarray
Figures showing a 51.3% slump in car manufacturing in the UK in the year to March 2009 have perfectly highlighted the ongoing difficulties being felt by the sector. Coming on the back of February figures which showed a 59% fall for the 12 month period it appears as though the UK car economy is in a dire situation but possibly showing signs of stabilisation.
Many car manufacturers ar...