[IER] Unions react to the Bank of England’s interest rate hike

[Ben Sellers]

News brief - 06/05/22                                                                           View this email in your browser 





Unions react to the Bank of England’s interest rate hike


On Thursday, the Bank of England raised interest rates to their highest level for 13 years, with a 0.25% increase to 1%. 
It’s the fourth hike since the base rate stood at 0.1% at the beginning of December.


Read more 


Government scraps plan to let workers keep their tips
The TUC has said that the move will "betray some of the lowest paid and most vulnerable workers in Britain."


Read more 


BME unemployment rate over twice as high as white workers – with gap widening through pandemic
New analysis by the TUC published today has revealed the unemployment rate for BME workers is more than double that of their white counterparts.


Read more 


The Battle for Trade Union Rights: An Interview with Matt Wrack
Grace Blakeley talks to Matt Wrack, General Secretary of the Fire Brigades Union, about why the government is trying to take away firefighters’ right to strike – and how FBU members are organising to resist.


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Follow our LinkedIn page 
We're now on LinkedIn. Follow our page for more employment rights updates and keep an eye out for information on our future events.


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IER fringe event at FBU conference
Come to our event on Wednesday 11th May at 1 pm at the Charlotte Room, The Grand Hotel, Brighton. 

We will present our new publication 'Threats to collective bargaining in the Fire and Rescue Service: An analysis' by Daniel Blackburn. 





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