Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Train drivers extend strike mandate for another six months

(Sharecast News) - Train drivers at five major railway companies, including Chiltern, c2c, East Midlands, Northern, and TransPennine railways, have extended their strike action for another six months, trade union Aslef announced on Wednesday. The decision came after a vote by the union's members to continue industrial action, given the necessity to re-ballot members every six months.

Strike disruption in December and earlier in February led to significant disruptions across a number of rail services.

Sky News said that with the extension of the strike mandate, more strike days were expected to be scheduled in the coming months.

"These results show - yet again - a clear rejection by train drivers of the ridiculous offer put to us in April last year by the Rail Delivery Group on behalf of the train operating companies with whom we are in dispute," said Aslef boss Mick Whelan.

Rail minister Huw Merriman had described the proposed deal as "fair and reasonable", but Aslef said that if drivers believed the offer was reasonable, they would not be voting for further strike action.

Whelan said Aslef was willing to engage in discussions regarding a new offer with the transport secretary or rail minister.

"We want to find a resolution to this dispute, for members who have not had a pay rise since our last deals ran out in 2019," he said.

Strikes by non-driver rail workers affiliated with the RMT union were paused in November following a vote to accept a deal.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Creo Medical extends closing date for retail offer
(Sharecast News) - Creo Medical Group announced an extension to the closing date for its retail offer on Friday, allowing existing retail shareholders more time to participate.
Versarien upbeat on recent company progress
(Sharecast News) - Advanced materials engineering group Versarien updated the market on its progress across several key sectors and markets on Friday, reporting a growing pipeline of opportunities, rising from £1.6m in October 2023 to £4.7m currently, with £1.6m in commercial opportunities and £3.1m in grants.
Shein planning investor roadshows ahead of London IPO - reports
(Sharecast News) - Chinese-founded online retailer Shein is preparing for a potential initial public offering (IPO) in London, it emerged on Friday, with investor roadshows expected in the coming weeks, according to a report from Reuters.
Coeur Mining to snap up SilverCrest in $1.7bn deal
(Sharecast News) - Coeur Mining has agreed to buy Canada's SilverCrest Metals in a $1.7bn deal, it was announced on Friday.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.