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Workers at the United Kingdom's actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness bank, the Bank of England, have voted to stage a four-day actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness in support of a pay actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness. It will be the first walkout by staff from the bank in over five actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness. Over 95 per cent of bankers who voted opted for strike action over what they deem to be an actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness pay rise offer. The Bank offered its workers a actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness one per cent pay rise for its staff. The deal means that a actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness of staff could get no pay increase at all. The actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness that represents the Bank's workers said: "The result of the Bank's actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness to negotiate fair pay will be that the Bank's sites, including the actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness Threadneedle Street [premises] in the City of London, will effectively be inoperable."

The Bank of England was established in 1694. It is the actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness oldest central bank in actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness today. Workers at the bank are suffering along with millions more public actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness staff in the UK who have had their annual salary actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness capped at one per cent. This is below the actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness of inflation, which currently stands at 2.9 per cent. A union spokeswoman said workers would be taking actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness, "because of the bank's total refusal to accept that its workforce is struggling to meet their actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness of living". She added: "It is nothing short of actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness that the iconic symbol of financial services in the UK is choosing to ride actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness over the concerns of its dedicated and hardworking staff and impose this derisory pay actioncentralclaimcollectivecostsdealdecadesiconicincreaseleveloperationroughshodsecondsectorshamefulstrikethirdunacceptableunionunwillingness."