🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Amazon staff at UK warehouse 'ready to strike' over pay, says union

Published 09/02/2022, 08:38 AM
Updated 09/02/2022, 10:01 AM
© Reuters. FILE PHOTO: The logo of Amazon is seen on the company's logistics centre in Boves, near Amiens, France, April 8, 2022. REUTERS/Christian Hartmann
AMZN
-

LONDON (Reuters) -Amazon staff at a warehouse in Coventry in central England are willing to strike over pay, a union said on Friday, in the latest labour dispute involving the U.S. e-commerce giant's British workers.

More than 300 workers voted in a consultative ballot - where 97% said they were ready to strike - ahead of a possible formal vote on whether to carry out a strike, the GMB union said.

"Amazon (NASDAQ:AMZN) workers are rightly furious and they are ready to walk out," GMB Senior Organiser Amanda Gearing said. "They're being offered 35p an hour during the worst cost of living crisis in a generation – and that's from a company worth more than 1 trillion (pounds)."

Amazon, which has 70,000 workers in the UK, said its starting pay had risen to a minimum of 10.50-11.45 pounds ($12-$13) per hour — a 29% increase in the minimum hourly wage for Amazon associates since 2018.

Employees are also offered a benefits package worth "thousands of pounds annually", a UK representative for Amazon said in a statement.

Rising costs of living have sparked a wave of industrial unrest across industries in Britain as soaring inflation outpaces pay rises.

© Reuters. FILE PHOTO: The logo of Amazon is seen on the company's logistics centre in Boves, near Amiens, France, April 8, 2022. REUTERS/Christian Hartmann

Hundreds of Amazon workers at a warehouse in Tilbury in southeast England walked out in protest over pay last month, over a 35 pence per hour pay increase, less than the 2-pound rise sought by the GMB.

($1 = 0.8657 pounds)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.