Today news
About the same in other media
Clarks Somerset site strike ends after agreement reached
Reading now: 654
Clarks has reached an agreement with about 100 workers to end a two-month strike at its distribution centre in Somerset.
The deal between the footwear group and the Community union, which follows mediation with Acas, is understood to protect hourly pay for established workers and increase pay for new staff at the site.
Staff at the warehouse have been on strike since 4 October as they said the shoemaker was seeking to cut their wages by almost 15% to £9.50 an hour by using controversial fire and rehire tactics.
The changes were implemented after Clarks was taken over by a Hong Kong-based private equity firm, LionRock Capital and former Chinese Olympian Li Ning, in March.
The deal pumped £100m in new cash into the near 200-year-old British
Read more on theguardian.comAbout this in other media
Old UK oilwells could be turned into CO2 burial test sites theguardian.com /2 years ago
UK government website drops ‘misleading’ £1 Covid test deals theguardian.com /2 years ago
UK competition watchdog orders Meta to sell gif website Giphy theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
