Power workers threaten to strike over union claims of 'rampant profiteering'

775     0
Power workers threaten to strike over union claims of
Power workers threaten to strike over union claims of 'rampant profiteering'

Power workers are threatening to strike over what a union claims is “rampant profiteering” by an industry giant.

Around 1,300 staff at UK Power Networks are being balloted in a pay row.

The workers repair and maintain the electricity grid in London, the South East and East of England.

The Unite union says workers are angry that UK Power Networks, owned by Hong Kong conglomerate CK Group, has failed to offer a pay rise that meets the retail prices index measure of inflation.

It has made profits of £2.4bn since 2019.

Teachers, civil servants and train drivers walk out in biggest strike in decade eiqehiqhqiuzinvTeachers, civil servants and train drivers walk out in biggest strike in decade
Power workers threaten to strike over union claims of 'rampant profiteering'Power workers are threatening to strike (Getty Images)

Unite chief Sharon Graham said: “Rampant profiteering when homes are freezing is a perfect illustration of why the economy is broken.”

Unite claims the firm this year “imposed” a 7% rise, with an average of the consumer prices and retail prices index on offer next year.

UK Power Networks has said it had offered around 18% over two years. The company said: “We have long supported our employees.”

Graham Hiscott

Strikes, The economy, Unite

Read more similar news:

01.02.2023, 08:10 • Finance
8 money changes coming in February including Universal Credit and passport fees
02.02.2023, 21:44 • World
'Oblivious rogue energy firms are cashing in on people's misery as profits soar'
03.02.2023, 17:08 • Politics
Rishi Sunak can't call an election as he knows he would lose, says Rachel Reeves
04.02.2023, 17:23 • Politics
'Striking firefighters and ambulance workers get blamed for mess Tories caused'
04.02.2023, 18:48 • Politics
Nearly half of Tories want Election this year to sweep Rishi Sunak out of No10
05.02.2023, 08:48 • Politics
Full list of everyone Liz Truss blames for her failure as PM
05.02.2023, 12:14 • Politics
Truss' Home Secretary says her plan 'clearly' wasn't right and ignored 'reality'
05.02.2023, 12:24 • Politics
All the best reaction to Liz Truss' 'deranged' political comeback
06.02.2023, 17:00 • Politics
Liz Truss moans it's 'unfair' to blame her for economy but won't return to No10
08.02.2023, 00:01 • Politics
Millions 'will feel like they're living in a recession' even if UK avoids one