Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 506.50
Bid: 506.40
Ask: 506.60
Change: 6.00 (1.20%)
Spread: 0.20 (0.039%)
Open: 502.10
High: 508.20
Low: 502.10
Prev. Close: 500.50
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK civil servants to stage fresh strike in pay row

Wed, 10th May 2023 05:53

(Alliance News) - Civil servants in the UK will stage a fresh strike on Wednesday in a long-running dispute over pay, jobs and redundancy terms.

Members of the Prospect union across Britain will walk out, mounting picket lines, following a previous strike in March.

The workers have been taking action short of a strike since mid-March, including working to rule and an overtime ban, in the largest industrial action Prospect has taken for more than a decade.

Prospect said the new strike follows the government's refusal to enter negotiations to resolve the current dispute, having instead imposed a pay rise of 4.5% which the union said will further erode living standards, with inflation still in double figures.

Civil servants have had some of the worst pay settlements in the public sector this year, with the pay of Prospect members falling by up to 26% since 2010 in real terms, said the union.

Prospect represents tens of thousands of specialist, technical, professional, managerial and scientific staff, working at a wide range of employers, including the Met Office, Health & Safety Executive, Intellectual Property Office, Animal & Plant Health Agency, Natural England and also UK Research & Innovation.

Mike Clancy, general secretary of Prospect, said: "Our members working across the civil service provide a vital service to the country, but they are being singled out by a government intent on leaving its own workers at the back of the pay queue.

"Why is this government treating its employees worse than anyone else in the public sector?

"For months we have been pressing ministers to put forward a serious offer that recognises the cost-of-living crisis facing our members, but instead of coming to the negotiating table, the government has published a pay control of 4.5% for 2023-24 – with nothing on the table for last year.

"This industrial action was entirely avoidable, but the failure by government to make a comparable offer to elsewhere in the public sector has made it inevitable."

Workers at HMRC will launch a series of strikes on Wednesday in the civil service dispute over pay, jobs and conditions.

Members of the Public and Commercial Services union in East Kilbride and Newcastle upon Tyne will be on strike from May 10-12, 15-19, 22-26, 29-31 and on June 1 and 2.

The Royal College of Nursing has announced the dates of a new ballot for strike action in its long-running dispute over pay.

Voting of RCN members in England will open on May 23 and close on June 23.

The new ballot will be aggregated, meaning the union is seeking a country-wide mandate.

The union said a yes vote would give it a mandate to strike in every NHS Trust in England where RCN members are employed.

BBC journalists will resume a work to rule and look set to announce strikes after rejecting plans aimed at resolving a row over cuts to local services.

Members of the National Union of Journalists working in TV, online and radio at BBC Local (England) voted by 56% against plans put forward by the corporation.

Unite has confirmed that around 1,200 contractors will strike from Wednesday until Friday in an increasingly bitter dispute over jobs, pay and conditions in the offshore sector.

The latest 48-hour strike action will hit oil and gas operators including Apache, BP PLC, Harbour Energy PLC, EnQuest PLC, Ithaca Energy PLC, Repsol SA, Shell PLC and TAQA.

– Workers on London's Elizabeth Line will take industrial action later this month on the first anniversary of its opening, in a long-running dispute over pay.

Members of the Transport Salaried Staffs Association will strike on May 24 and ban overtime from May 27 to June 4.

source: PA

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
17 Apr 2024 10:38

Carbon Done Right advances Sierra Leone rewilding project

(Alliance News) - Carbon Done Right Developments Inc on Wednesday said it has received the fourth disbursement of financing for its reforestation project in West Africa.

Read more
15 Apr 2024 17:10

LONDON MARKET CLOSE: Investors show nerves after Iran launches drones

(Alliance News) - Stock prices in London closed down on Monday, as tensions in the Middle East weighed on investors, with resources sliding as commodity prices fell.

Read more
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
15 Apr 2024 11:56

LONDON MARKET MIDDAY: Oil falls despite rising Iran-Israel tensions

(Alliance News) - London's FTSE 100 was down at midday on Monday, as oil majors BP and Shell were hurt by falling prices, with investors showing caution following Iran's strikes on Israel over the weekend.

Read more
15 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 falls as oil lower despite Iran strikes

(Alliance News) - Stock prices in London opened lower on Monday, with a decline in oil prices sending Shell and BP lower, in a cautious start to the week following Iran's strikes on Israel over the weekend.

Read more
13 Apr 2024 16:52

Sector movers: Investors seek out safe havens across all asset classes

(Sharecast News) - Commodity plays were again sought out at the end of the week after The Wall Street Journal said that an Iranian attack against Israel was thought to be imminent.

Read more
12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

*

Read more
12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
12 Apr 2024 15:45

Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

Read more
12 Apr 2024 14:45

London close: Stocks mixed as data shows UK GDP growth

(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.

Read more
12 Apr 2024 11:51

LONDON MARKET MIDDAY: February data spurs end of UK recession hopes

(Alliance News) - Stocks in London got a boost on Monday at midday, as investors were optimistic that the UK is heading out of its short lived recession.

Read more
12 Apr 2024 11:47

Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

Read more
12 Apr 2024 11:37

TOP NEWS: BP shares rise after reports Adnoc had pondered takeover

(Alliance News) - Shares in BP jumped on Friday after reports that the state-owned, United Arab Emirates oil company was considering, but had ruled out, a bid for the London-based oil major.

Read more
12 Apr 2024 08:58

LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy

(Alliance News) - Stock prices in London opened higher on Friday, thanks to new data suggesting the UK economy is out of recession.

Read more
12 Apr 2024 07:56

UAE's ADNOC said to have recently considered BP takeover

(Sharecast News) - The United Arab Emirates' state-owned oil company recently considered buying BP but the deliberations did not progress beyond preliminary discussions, according to a report.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.