• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

The best passive bookshelf speakers for most people

March 28, 2023

The Tripod Desk Pro is a portable standing desk that upgraded my WFH setup

March 28, 2023

Framework Announces Two Modular Laptops At GDC 2023

March 27, 2023
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Fintech»G4S strike raises prospect of cash crunch at Christmas
Fintech

G4S strike raises prospect of cash crunch at Christmas

November 22, 2022Updated:November 22, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Upgrading UK's payments infrastructure to boost GDP by $3.8bn by 2026
Share
Facebook Twitter LinkedIn Pinterest Email

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.

G4S Money Options shoppers embrace Barclays, Lloyds and HSBC in addition to retailers together with Tesco, Asda, Aldi, Morrisons and Boots, and the pub chains Wetherspoon’s and Greene King.

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.

See also  Tencent double downs on Ubisoft investment, raises stake to $296 million

Source link

cash Christmas crunch G4S prospect Raises Strike
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Houseware Raises $2.1 Million To Help SaaS Firms Unlock Growth

March 9, 2023

Seattle-area startup using AI for mental health screening tech raises $8M – Startup

March 8, 2023

Startups Want to Cash In on the US Student Debt Crisis

March 6, 2023

New Crypto Mixer Promises to Be Tornado Cash Without the Crime

March 3, 2023
Add A Comment

Comments are closed.

Editors Picks

Umbrella IT contractors could get back-dated holiday pay windfall following Supreme Court ruling

July 26, 2022

Keyplay, a new Seattle startup led by veteran entrepreneur Adam Schoenfeld, raises $3M – Startup

December 7, 2022

LSE warns bank closures during epidemics increase the digital divide

July 8, 2022

What we’re thankful for in tech in 2022 – Startup

November 26, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

The best passive bookshelf speakers for most people

The Tripod Desk Pro is a portable standing desk that upgraded my WFH setup

Framework Announces Two Modular Laptops At GDC 2023

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2023 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.