05/07/2004
Baggage handlers vote to strike over pay offer
Pay talks between airport services company Aviance and trade unions led by the Transport & General Worker’s Union (T&G), scheduled for Wednesday July 7, took on an extra significance today when the T&G announced that its members have voted to strike.
The four to one vote in a dispute over the company's 2.5% offer puts pressure on the Aviance management to come up with a new offer or face a series of damaging strikes which could impact most on their flagship operations at Heathrow, Gatwick, Stansted and Luton.
"This is a resounding vote by our members which sends a clear signal to Aviance that they must improve on the offer," said Brendan Gold, the T&G national secretary for civil aviation. "The talks this Wednesday will now take on an added significance."
The T&G, the largest trade union at Aviance, has consistently argued for a better deal for its members who provide baggage handling, check-in and ground support services at the major UK airports. Negotiators have pointed to the increase in the company's business, especially at Heathrow, and the continuing profits rise at its parent company Go-Ahead, as meaning a realistic increase is both affordable and right. The 2.5% offer for 2004 has been contrasted with the 4.2% deal last year when, by common agreement, the aviation industry was experiencing much tougher times.
"Everyone is aware that aviation is a tough market and nobody is better placed to know that than the baggage handlers and check-in staff," added Mr. Gold. "They also know that the volume of their work is increasing as the industry gets busier passenger numbers break record levels. That being the case they know a bad deal when they see one which is why we urge Aviance to listen to their workforce and act to improve the deal on offer and so avoid a damaging dispute."
(GB)
The four to one vote in a dispute over the company's 2.5% offer puts pressure on the Aviance management to come up with a new offer or face a series of damaging strikes which could impact most on their flagship operations at Heathrow, Gatwick, Stansted and Luton.
"This is a resounding vote by our members which sends a clear signal to Aviance that they must improve on the offer," said Brendan Gold, the T&G national secretary for civil aviation. "The talks this Wednesday will now take on an added significance."
The T&G, the largest trade union at Aviance, has consistently argued for a better deal for its members who provide baggage handling, check-in and ground support services at the major UK airports. Negotiators have pointed to the increase in the company's business, especially at Heathrow, and the continuing profits rise at its parent company Go-Ahead, as meaning a realistic increase is both affordable and right. The 2.5% offer for 2004 has been contrasted with the 4.2% deal last year when, by common agreement, the aviation industry was experiencing much tougher times.
"Everyone is aware that aviation is a tough market and nobody is better placed to know that than the baggage handlers and check-in staff," added Mr. Gold. "They also know that the volume of their work is increasing as the industry gets busier passenger numbers break record levels. That being the case they know a bad deal when they see one which is why we urge Aviance to listen to their workforce and act to improve the deal on offer and so avoid a damaging dispute."
(GB)
Related UK National News Stories
Click here for the latest headlines.
07 May 2004
Pinewood Shepperton share offer promises £46m
The share launch by UK film studio complex Pinewood Shepperton on the London Stock Exchange today was expected to net £46.2 million, but the oversubscribed share offer promises to net the company much more. The studios, home to Harry Potter and James Bond film productions, announced today that the shares had been launched at 180 pence each.
Pinewood Shepperton share offer promises £46m
The share launch by UK film studio complex Pinewood Shepperton on the London Stock Exchange today was expected to net £46.2 million, but the oversubscribed share offer promises to net the company much more. The studios, home to Harry Potter and James Bond film productions, announced today that the shares had been launched at 180 pence each.
07 July 2004
Green makes improved offer for M&S
The Marks & Spencer board are currently considering an improved offer from Philip Green amounting to £4 per share, it has been reported today. Mr Green said that the latest offer, an 8% improvement on last month's, has the backing of a major shareholder. US company Brandes reportedly said that it would sell its 11.7% stake if the bid was made.
Green makes improved offer for M&S
The Marks & Spencer board are currently considering an improved offer from Philip Green amounting to £4 per share, it has been reported today. Mr Green said that the latest offer, an 8% improvement on last month's, has the backing of a major shareholder. US company Brandes reportedly said that it would sell its 11.7% stake if the bid was made.
19 May 2014
UK Drug Firm Rejects £65bn Takeover Offer
A "final" takeover offer from US drug giant Pfizer for UK company AstraZeneca has been rejected. The offer valued at the UK drug company at around £69 billion pounds, but AstraZeneca has said that the offer of £55 per share "undervalues the company and its attractive prospects".
UK Drug Firm Rejects £65bn Takeover Offer
A "final" takeover offer from US drug giant Pfizer for UK company AstraZeneca has been rejected. The offer valued at the UK drug company at around £69 billion pounds, but AstraZeneca has said that the offer of £55 per share "undervalues the company and its attractive prospects".
15 May 2013
Severn Trent Reject Preliminary Takeover Approach
Severn Trent, which supplies water and sewerage services to 7.7m people in Wales and the Midlands, has rejected and preliminary takeover offer. The company said the proposal "completely fails to recognise the existing and potential value of Severn Trent".
Severn Trent Reject Preliminary Takeover Approach
Severn Trent, which supplies water and sewerage services to 7.7m people in Wales and the Midlands, has rejected and preliminary takeover offer. The company said the proposal "completely fails to recognise the existing and potential value of Severn Trent".
14 May 2013
Possible Severn Trent Takeover News Drives Up Share Prices
A potential takeover bid has been made to Severn Trent, valuing the company at up to £5bn. The water company, which serves the water and sewerage needs of some 4.
Possible Severn Trent Takeover News Drives Up Share Prices
A potential takeover bid has been made to Severn Trent, valuing the company at up to £5bn. The water company, which serves the water and sewerage needs of some 4.
-
Northern Ireland WeatherToday:It will be rather cloudy with scattered sleet and snow showers but mostly rain near the North coast. Feeling bitterly cold in fresh or strong northerly wind. Maximum temperature 4 °C.Tonight:Clear intervals and wintry showers, most frequent in the north but mostly of rain along the North Coast. A cold night with risk of icy stretches. Minimum temperature -1 °C.