Buyers could face a money crunch within the run as much as Christmas as workers at observe and coin supply service G4S vote in favour of strike motion.
The agency’s 1000+ workers who ship notes and cash will stage a 48-hour strike on the fifth via to the seventh September after rejecting a 4.5% pay rise and lump sum cost from administration.
The GMB labour union says of G4S: “All its gives have represented a large actual pay reduce for members, and Wednesday’s inflation figures (RPI – 14.2%, CPI – 11.1%) solely reinforces your declare for a price of dwelling enhance to guard members and their households from going backwards.”
The union is asking for a 15% pay hike, elevating the prospect of additional strike motion within the run as much as Christmas.
G4S says it has contingency plans to minimise disruption to money companies throughout the nation.
Going through a price of dwelling squeeze, folks within the UK are more and more returning to money as a more practical approach of managing their budgets and controlling spending.
Publish Places of work within the UK dealt with a document £801 million in private money withdrawals in July, up virtually 8% month-on-month.
In complete, over £3.3 billion in money was deposited and withdrawn over Publish Workplace counters, the primary time figures have crossed the £3.3 billion threshold in Publish Workplace’s 360-year historical past.