Less Ads, More Data, More Tools Register for FREE

Pin to quick picksReach Plc Share News (RCH)

Share Price Information for Reach Plc (RCH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 86.40
Bid: 85.30
Ask: 85.90
Change: 0.90 (1.05%)
Spread: 0.60 (0.703%)
Open: 85.20
High: 87.10
Low: 84.20
Prev. Close: 85.50
RCH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Journalists' pay dispute resolved, says newspaper group Reach

Fri, 23rd Sep 2022 17:19

(Alliance News) - A pay dispute involving journalists at a leading media group has been resolved, the company said.

Reach PLC, which publishes newspapers including the Daily Mirror and Daily Express, said its latest offer had been accepted by members of the National Union of Journalists.

A Reach spokesperson said: "After much hard work and open communication on all sides, the NUJ have accepted Reach's latest proposal which, in addition to a proposed annual increase and a host of other important commitments, will increase pay for over 700 journalists.

"We are pleased that we have been able to work together to find a way forward and will continue to keep an open dialogue on these crucial issues in the months to come."

Reach journalists have previously taken industrial action over the pay row.

An NUJ spokesperson said: "Following a ballot of all NUJ members across Reach, the NUJ group chapel met today and acknowledged the outcome of the ballot result and the decision to accept the company's revised pay proposal, a process in which over 76% of members cast their vote.

"The group chapel paid tribute to the collective work and solidarity of members across the group to secure a settlement that delivers significant pay rises to over 700 journalists, many of whom are the lowest paid staff, and improved redundancy terms and conditions for many members in currently in receipt of statutory minimums. Including increases secured in July, it will see pay rise for these workers in deals ranging from 14 to 44% across the specified roles and minimum rates.

"The NUJ will now enter into an agreed process with the company to identify outstanding pay anomalies and agree uplifts across other parts of the editorial bargaining unit, including across the group's national titles, a process due to conclude by the end of this year."

Reach shares closed up 1.6% to 76.50 pence each in London on Friday.

By Alan Jones, PA Industrial Correspondent

source: PA

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
29 Apr 2021 16:11

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
2 Mar 2021 11:11

SMALL-CAP WINNERS & LOSERS: Robert Walters profit ahead of forecasts

SMALL-CAP WINNERS & LOSERS: Robert Walters profit ahead of forecasts

Read more
1 Mar 2021 11:08

SMALL-CAP WINNERS & LOSERS: Halfords on fast track as bike sales surge

SMALL-CAP WINNERS & LOSERS: Halfords on fast track as bike sales surge

Read more
1 Mar 2021 11:01

IN BRIEF: Reach hikes dividend despite considerable annual profit drop

IN BRIEF: Reach hikes dividend despite considerable annual profit drop

Read more
1 Mar 2021 10:07

Reach FY revenues impacted by Covid-19

(Sharecast News) - Publishing firm Reach said on Monday that full-year revenues had declined in 2020 as a result of the impact of the Covid-19 pandemic on trading.

Read more
1 Mar 2021 08:12

LONDON BRIEFING: Booming PPE Supply Helps Bunzl Keep Dividend Growing

LONDON BRIEFING: Booming PPE Supply Helps Bunzl Keep Dividend Growing

Read more
22 Feb 2021 16:09

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
18 Jan 2021 09:34

UK BROKER RATINGS SUMMARY: Land Securities And Dixons Get Upgrades

UK BROKER RATINGS SUMMARY: Land Securities And Dixons Get Upgrades

Read more
8 Jan 2021 12:24

Reach On Course To Exceed Market Expectations With Digital Boost

Reach On Course To Exceed Market Expectations With Digital Boost

Read more
8 Jan 2021 09:55

Reach FY profits to top expectations on record digital revenues

(Sharecast News) - Newspaper publisher Reach said on Friday that full-year underlying operating profits for 2020 would be ahead of market expectations thanks to record digital revenues.

Read more
17 Dec 2020 19:37

UK TRADING UPDATE SUMMARY: Polar Capital Adds GBP1.2 Billion To Assets

UK TRADING UPDATE SUMMARY: Polar Capital Adds GBP1.2 Billion To Assets

Read more
27 Nov 2020 10:49

UK WINNERS & LOSERS SUMMARY: Immunodiagnostic Up On Covid Kit Rollout

UK WINNERS & LOSERS SUMMARY: Immunodiagnostic Up On Covid Kit Rollout

Read more
27 Nov 2020 09:24

Reach Sees Continued Shift To Online Amid Fall In Print Revenue

Reach Sees Continued Shift To Online Amid Fall In Print Revenue

Read more
27 Nov 2020 07:55

LONDON MARKET PRE-OPEN: Half Of Wetherspoon Pubs Closed By New Tiers

LONDON MARKET PRE-OPEN: Half Of Wetherspoon Pubs Closed By New Tiers

Read more
27 Nov 2020 07:39

Daily Mirror owner Reach says FY performance exceeds market expectations

(Sharecast News) - Magazine and newspaper publisher Reach said on Friday that its full-year performance has exceeded market expectations amid strong digital growth.

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.