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Financial Times staff overwhelmingly vote for strike action over '£4m pensions robbery'

on Nov 19, 2015 | 0 comments

By Tony Connelly

Financial Times staff have overwhelmingly voted in favour of strike action over proposed changes to pensions made by incoming owner Nikkei.

Almost 92 per cent of those who voted were in favour of going ahead with industrial action over what the NUJ have branded as a “£4m pensions robbery”.

The discontent stems from proposals by new owner Nikkei, which is expected to finalise its £844m takeover of the FT Group at the end of the month, to end the final-salary pension scheme.

Staff have condemned Nikkei and FT management for failing to honour promises to maintain equivalent terms of employment following the takeover Read full story ›

Source: The Drum