Skip main menu Accessibility Free guides | Investor relations | Careers | About us | Contact us | Press
My accounts Log in/out

Hargreaves Lansdown
 

Company news from ShareCast

BA union seeks back-up from US

Wed 17 March 2010 08:26

Email this to a friend | Text size: A A A

Officials from Unite, the union behind the British Airways cabin crew strike due to begin on Saturday, are meeting with members of the powerful US Teamsters union in Washington today.

The British are looking for support from America's main transport union, although quite what that will involve is unclear at the moment.

"A number of unions have contacted us offering help. Whatever form that help takes would be entirely up to the Teamsters," said a spokesman for Unite.

But many fear the meeting, led by Unite's national officer for aviation Steve Turner, may just stir up more trouble for BA and ruin any chance of a resolution before the walkout begins.

"The Teamsters are an active member of the International Transport Workers Federation," said a spokesman for the US union. "ITF affiliates around the world are mobilising to support British Airways workers in their fight for passenger safety and worker respect."

Hopes were raised yesterday that industrial action could be avoided when BA and the unions agreed to scale back pension entitlements.

Unite and fellow unions Balpa and the GMB agreed a scheme whereby employees can increase their pension contributions in order to maintain benefits at existing levels.

If approved by the pension's scheme's trustees, BA's annual contribution to the scheme can be pegged at the current level of £330m per annum.

Cabin crew at British Airways are to go on strike for three days from March 20 and for four days from 27 March in protest against new working practices imposed by the airline's management.
Email this to a friend | Text size: A A A



Company news: Most read

  1. BP hikes divi as profits jump - UPDATE
    Tue 07 February 2012 10:02
  2. Tuesday preview: BP and Xstrata
    Mon 06 February 2012 17:16
  3. Glaxo reports falling sales but raises divi - UPDATE
    Tue 07 February 2012 11:51
  4. Thursday preview: QE decision, Rio, BG, Diageo
    Wed 08 February 2012 17:54
  5. Lloyds announces 1,000 job cuts
    Tue 07 February 2012 14:56
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

Market latest

FTSE 100 | FTSE 250 | All Share

FTSE 100 interday chart FTSE 250 interday chart FTSE All Share interday chart
FTSE 100 5,895.47 price-positive +0.33%
FTSE 250 11,234.57 price-positive +0.65%
FTSE All Share 3,046.11 price-positive +0.39%
Dow Jones 12,912.03 price-positive +0.22%
NASDAQ 2,926.61 price-positive +0.37%
Xetra DAX 6,788.80 price-positive +0.59%
Paris CAC 40 3,424.71 price-positive +0.43%
Nikkei 225 9,002.24 price-negative -0.15%
Hang Seng 21,010.01 price-negative -0.04%

Hang Seng disclaimer l Prices delayed by at least 15 minutes

FTSE 100

Risers | Fallers | Volume

AMEC plc 1110.00 Riser +3.64%
BG Group plc 1491.50 Riser +3.15%
Petrofac 1517.00 Riser +3.13%
Schroders plc 1650.00 Riser +2.48%
Admiral Group 985.00 Riser +2.13%

View top risers

Tate & Lyle plc 672.50 Faller -3.24%
Evraz plc 428.80 Faller -2.99%
British Land Co plc 497.00 Faller -2.17%
ICAP Plc 381.40 Faller -1.95%
Rolls Royce Holdings Plc 770.00 Faller -1.91%

View top fallers

Articles on the economy and stock markets

No results were found



Hargreaves Lansdown is authorised and regulated by the Financial Services Authority.

Disclaimer | Important Investment Notes | Terms & Conditions | Privacy Policy | Site map | Email this to a friend | Accessibility