UK union says rail strikes will go ahead after talks fail

UK union says rail strikes will go ahead after talks fail


Britain is bracing for severe travel disruptions as the strike coincides with the peak summer holiday period.

Anadolu Agency | Getty Images

Britain’s RMT Union said on Monday that it would go ahead with planned railway strikes after talks with train operators failed to resolve a dispute over pay, jobs and conditions.

Talking about the proposals, the union’s director-general Mick Lynch told a news conference: “The Network Rail one was rejected on Friday, and the train operating company one which was only put to us today has been rejected this afternoon.”

“Both sets of proposals are unacceptable and is now confirmed that the strike action that is planned for this week will go ahead.”



Source

Sweden’s Volvo Cars pops 10% on quarterly profit beat
World

Sweden’s Volvo Cars pops 10% on quarterly profit beat

Volvo vehicles seen outside a Volvo dealership in Edmonton, AB, Canada, on February 02, 2025. Nurphoto | Nurphoto | Getty Images Shares of Sweden-based automaker Volvo Cars rose more than 10% on Thursday as the company’s second-quarter operating profit beat analyst expectations despite a sharp year-on-year decline. Volvo Cars, which is owned by China’s Geely […]

Read More
CNBC’s Inside India newsletter: Musk’s India relationship moves beyond talk — but will it blossom?
World

CNBC’s Inside India newsletter: Musk’s India relationship moves beyond talk — but will it blossom?

Hello, this is Spriha Srivastava, CNBC International’s executive editor, writing from London. This week, I look into Elon Musk’s relationship with India, why it’s finally moving from talk to action, and what’s really at stake. This report is from this week’s CNBC’s “Inside India” newsletter. Like what you see? You can subscribe here. The big story […]

Read More
China’s premier urges tighter price oversight as deflation pressures squeeze economy
World

China’s premier urges tighter price oversight as deflation pressures squeeze economy

TOPSHOT – China’s Premier Li Qiang delivers his speech during the ASEAN – Gulf Cooperation Council (GCC) – China Economic Forum official dinner after the 46th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur on May 27, 2025. Vincent Thian | Afp | Getty Images Chinese Premier Li Qiang has called for tighter […]

Read More