Index Investing News
Saturday, March 28, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

UK universities face national strike as pay and pensions dispute escalates

by Index Investing News
October 24, 2022
in Economy
Reading Time: 2 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


Students at 150 UK universities face further disruption after lecturers and staff voted in favour of a national strike in an ongoing row over pay and pensions.

The University and College Union on Monday said its members had broken the threshold of 50 per cent turnout required for strike action in two separate ballots.

The votes mark the first time an education union has secured a mandate for a national walkout since laws curbing unions’ ability to call strikes were introduced in 2016 and come amid an intensifying cost of living crisis.

They also set the stage for months of disrupted classes alongside further potential strikes in schools and colleges.

Jo Grady, UCU general secretary, said university workers were “willing to bring the entire sector to a standstill, if serious negotiations did not start very soon”. 

“University staff are crucial workers in communities up and down the UK. They are sending a clear message that they will not accept falling pay, insecure employment and attacks on pensions.”

UK universities have been locked in a dispute over pensions, pay and working conditions since 2018, with 10 days of strikes at the start of this year.

Previously, individual UCU branches had to secure their own mandates to hold walkouts. But in this round of balloting, the union sought a mandate across all universities.

In the ballot on pay and working conditions, 81.1 per cent of respondents voted to strike, with a turnout of 57.8 per cent among members at 145 universities.

In a second ballot on pensions, 84.9 per cent of respondents at 67 institutions that participate in the Universities Superannuation Scheme voted in favour of walkouts, on a turnout of 60.2 per cent.

The union will decide its next steps at a national meeting on November 3.

The likely strikes will add to a wave of UK industrial unrest, as workers demand pay rises in line with inflation, which is at 10.1 per cent.

While the three biggest teaching unions last week moved towards walkouts in protest at a funding squeeze, UCU members at further education colleges are already striking.

The UCU called for a “meaningful pay rise” for all university staff in response to the cost of living crisis, saying they had been offered an increase of 3 per cent this year. It added that it wanted controversial cuts made to the USS scheme at the height of the Covid-19 pandemic to be reversed.

Universities UK, which represents the sector and oversees talks on pension terms, said pension contributions were “at the very limit of affordability”.

“Universities are adept at mitigating the impact of strikes on student learning, and so prepared for any further possible industrial action over the coming months.”



Source link

Tags: disputeescalatesfaceNationalPayPensionsstrikeUniversities
ShareTweetShareShare
Previous Post

Tennessee skydiver dies in high school football pregame jump

Next Post

Stop Shopping For Low Rates, They Don’t Matter

Related Posts

Ritholtz Wealth Management Is Coming to San Francisco!   

Ritholtz Wealth Management Is Coming to San Francisco!   

by Index Investing News
March 28, 2026
0

    Ritholtz Wealth Management is heading west. The week of April 16, 2026, our team will be in San...

The Match That Lit the Flame: Hannah Senesh and the Creation of Modern Israel (with Matti Friedman)

The Match That Lit the Flame: Hannah Senesh and the Creation of Modern Israel (with Matti Friedman)

by Index Investing News
March 24, 2026
0

0:37Intro. Russ Roberts: Today is January 18th, 2026, and my guest is journalist and author, Matti Friedman. This is Matti's...

At the Money: Billionaire Divorce Planning

At the Money: Billionaire Divorce Planning

by Index Investing News
March 20, 2026
0

    At the Money: Divorce Planning for the Ultra Wealthy (March 18, 2026) DESCRIPTION:   Divorce is difficult under the...

The Economics of Scarcity and the UNC-Duke Basketball Game (with Michael Munger)

The Economics of Scarcity and the UNC-Duke Basketball Game (with Michael Munger)

by Index Investing News
March 16, 2026
0

0:37Intro. Russ Roberts: Today is January 4th, 2026, and my guest today is Michael Munger. This is Mike's 51st appearance...

At The Money: Pursuing Alpha through Exchange-Traded Funds

At The Money: Pursuing Alpha through Exchange-Traded Funds

by Index Investing News
March 12, 2026
0

     At The Money: Finding Alpha via Unique ETF Strategies  (March 12, 2026) If you want market performance...

Next Post
Stop Shopping For Low Rates, They Don’t Matter

Stop Shopping For Low Rates, They Don't Matter

What’s driving the rich world’s falling fertility?

What’s driving the rich world’s falling fertility?

RECOMMENDED

Redfin’s 2025 Housing Market Predictions

Redfin’s 2025 Housing Market Predictions

December 23, 2024
Is The  Milestone Inside Attain?

Is The $1 Milestone Inside Attain?

May 11, 2025
Common U.S. mortgage charges leap by most in 35 years

Common U.S. mortgage charges leap by most in 35 years

June 17, 2022
‘Epstein Recordsdata’ Launch, Hyped by Pam Bondi, Falls Quick

‘Epstein Recordsdata’ Launch, Hyped by Pam Bondi, Falls Quick

February 28, 2025
Man Utd star withdraws from England squad on account of damage

Man Utd star withdraws from England squad on account of damage

October 7, 2024
.1 Million Houses in Croatia

$1.1 Million Houses in Croatia

April 25, 2025
Olympic Athletes Discovered WORMS In Their Meals, Claims UK Swimmer!

Olympic Athletes Discovered WORMS In Their Meals, Claims UK Swimmer!

August 6, 2024
Will Aptos Labs Redefine Japan’s Web3 Scene With New HashPalette Deal?

Will Aptos Labs Redefine Japan’s Web3 Scene With New HashPalette Deal?

October 3, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In