Transport for London has today formally tabled an offer for their Tube drivers, who are paid £70,000, to work four-day weeks on compressed hours. A compromise on RMT’s demands for Underground staff to have their hours reduced from 35 hours to 32…
Tube drivers are in that case set to join four-day week leading lights over at the Ministry of Defence. Guido can reveal that a substantial 171 staff at the MoD are on a four-working day shift pattern, an increase on the 138 who enjoyed compressed hours at the time of the election on 4 July last year. Civil Service union PCS is pushing for a four-day week with reduced hours (like RMT) at the same time across government. Interesting time for defence staff to cut the week short…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”