Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFirstgroup Share News (FGP)

Share Price Information for Firstgroup (FGP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 168.00
Bid: 167.40
Ask: 167.50
Change: -0.10 (-0.06%)
Spread: 0.10 (0.06%)
Open: 164.20
High: 168.80
Low: 164.20
Prev. Close: 168.10
FGP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Rail strike to go ahead in UK next week after union talks fail

Fri, 22nd Jul 2022 18:26

(Alliance News) - A strike by more than 40,000 workers at the UK's Network Rail and 14 train operating companies will go ahead next week after talks failed to resolve a bitter dispute over pay, jobs and conditions.

Members of the Rail, Maritime and Transport union will walk out on Wednesday July 27, crippling rail services across the country.

The Transport Salaried Staffs' Association has also announced a strike by its members at Avanti West Coast on the same day.

RMT general secretary Mick Lynch said: "Strike action will take place next Wednesday as planned and our members are more determined than ever to secure a decent pay rise, job security and good working conditions.

"Network Rail have not made any improvement on their previous pay offer and the train companies have not offered us anything new.

"In fact Network Rail have upped the ante, threatening to impose compulsory redundancies and unsafe 50% cuts to maintenance work if we did not withdraw our planned strike action.

"The train operating companies have put driver-only operations on the table along with ransacking our members' terms and conditions.

"RMT will continue to negotiate in good faith but we will not be bullied or cajoled by anyone.

"The government need to stop their interference in this dispute so the rail employers can come to a negotiated settlement with us."

Transport for London said while the industrial action does not involve its staff, varying degrees of disruption are expected on the District and Bakerloo Tube lines, London Overground, and the Elizabeth line, which all share some sections of track with Network Rail.

Passengers should also expect some disruption on the morning of July 28 with a later start to services as signalling staff return to work.

On July 30, members of the drivers' union Aslef at eight train operators across the country will go on strike.

Andy Lord, TfL's chief operating officer, said: "The upcoming strike action will mean disruption for some of our customers, with the London Overground, Elizabeth line, and London Underground services being affected.

"I encourage customers to check before they travel as the levels of service will vary on different modes of transport and different days. Alternative travel, including buses and other Tube lines, is likely to be much busier than usual."

Tim Shoveller, Network Rail's lead negotiator, said: "Once again the RMT Executive has walked away from ongoing and constructive talks that could have avoided next week's strike and it's now abundantly clear that their political campaign is taking precedence over representing their members' interests.

"A two-year, 8% deal with a no-compulsory-redundancy guarantee and other benefits and extras was on the table and they have walked away without giving their members a voice or a choice.

"Our door remains open to try and avert this pointless action that will cost strikers dear. We will now consider how we will move forward with our reform plans despite the RMT obstinacy."

A Department for Transport spokesperson said: "It's now clearer than ever that the RMT has no interest in engaging in constructive discussions and is hell-bent on creating further misery for passengers across the UK.

"This action is a cynically timed attempt to derail the start of the Commonwealth Games, one of the first major events the country has been able to look forward to since the pandemic.

"As well as those travelling to the Games, RMT's actions will affect people in need of urgent care, hardworking families off on long-awaited holidays and day trips, and businesses – all while a fair two-year, 8% deal hasn't even been put to their members.

"The rail industry has to modernise and be brought into the 21st century for the benefit of passengers and staff. We're extremely disappointed to see that instead of staying at the table, RMT executives have chosen to walk away once more. We continue to encourage RMT to do the right thing by their members and passengers alike and call off the strikes."

Phil Whittingham, managing director of Avanti West Coast, said: "I would like to thank our customers for being patient and understanding during the last set of strikes in June. It's extremely disappointing that the RMT and TSSA have decided to disrupt customers' lives once again and cause more misery and frustration.

"This is the beginning of the summer holidays and will ruin plans for people intending to use our services to get away on a well-earned break. It also falls on the day of the Uefa Women's Euros semi-final and the day before the start of the Commonwealth Games, which will welcome thousands of visitors from around the world.

"We urge the unions not to press ahead with industrial action and to work with us on securing the long-term future of the railways.

"We're strongly advising customers to only travel where absolutely necessary on our route during the strike and instead make their journeys on alternative days or claim a full refund. We understand some people will have no choice but to travel and they should check our website for the latest updates before travelling."

By Alan Jones, PA Industrial Correspondent

source: PA

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
1 May 2024 09:26

LONDON BROKER RATINGS: UBS double upgrades AJ Bell to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
1 May 2024 07:46

LONDON BRIEFING: GSK ups outlook; Next first-quarter beats forecast

(Alliance News) - Equities in London are called to open flat on Wednesday, ahead of the latest Federal Reserve interest rate decision, while a host of financial markets in mainland Europe and beyond are closed for public holidays.

Read more
25 Apr 2024 20:43

UK's Labour outlines plan to renationalise railways within 5 years

LONDON, April 24 (Reuters) - Britain's opposition Labour Party said it planned to renationalise the country's rail network within five years without paying compensation to private operators as it set out its plans to fix the troubled railway system.

Read more
25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

Read more
25 Apr 2024 12:09

Labour says to renationalise UK railways in "first term" if elected

(Alliance News) - The opposition Labour party has pledged to renationalise the UK railways if elected, with the shadow transport secretary saying that "today's broken model simply doesn't work".

Read more
5 Apr 2024 10:34

Equipmake delivers 12 electric buses under First York partnership

(Alliance News) - Equipmake Holdings PLC on Friday said it has delivered a fleet of 12 upgraded electric buses in the city of York in partnership with First York Ltd of FirstGroup PLC.

Read more
21 Mar 2024 10:17

FirstGroup receives Transport for London contract for cable car

(Alliance News) - FirstGroup PLC on Thursday said it has been awarded a contract by Transport for London.

Read more
12 Mar 2024 10:30

TOP NEWS: FirstGroup part of process to select Elizabeth line operator

(Alliance News) - FirstGroup PLC on Tuesday published a trading update including guidance after posting its half-year results in November.

Read more
12 Mar 2024 08:09

FirstGroup sees FY slightly ahead of forecasts

(Sharecast News) - Transport operator FirstGroup said it expected annual earnings would be slightly better than expectations after a strong performance from its rail division.

Read more
26 Jan 2024 10:59

FirstGroup takes over bus firm York Pullman Bus Co

(Alliance News) - FirstGroup PLC on Friday said it has agreed to buy York Pullman Bus Co Ltd for an undisclosed amount.

Read more
26 Jan 2024 07:02

FirstGroup buys York Pullman Bus Co for undisclosed sum

(Sharecast News) - FirstGroup on Friday signed a deal to buy York Pullman Bus Company for an undisclosed sum.

Read more
23 Jan 2024 07:44

LONDON BRIEFING: Crest Nicholson names Persimmon's Martyn Clark as CEO

(Alliance News) - Stocks in London are called higher on Tuesday, as largely positive sentiment prevails across global equity markets.

Read more
17 Jan 2024 10:12

FirstGroup signs facility to support electric bus batteries purchase

(Alliance News) - FirstGroup PLC on Wednesday said it signed a purchase facility in line with its goal to buy electric bus batteries.

Read more
17 Jan 2024 08:08

FirstGroup signs £150m financing deal to buy electric bus bodies

(Sharecast News) - FirstGroup has signed a new £150m green hire purchase financing facility with a syndicate of three banks to support the purchase of electric bus bodies.

Read more
15 Jan 2024 12:09

Train drivers announce fresh strike dates

(Sharecast News) - Train drivers' union Aslef announced a new round of strikes on Monday, in its ongoing pay dispute with 16 train operators.

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.