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

The Bank of England was in 1694. It is the second oldest central bank in operation today. Workers at the bank are along with millions more public sector staff in the UK who have their annual salary increase at one per cent. This is below the level of inflation, which currently at 2.9 per cent. A union spokeswoman said workers would be action, "because of the bank's total refusal to that its workforce is to meet their costs of living". She added: "It is nothing short of shameful that the iconic symbol of financial services in the UK is to ride roughshod over the concerns of its dedicated and hardworking staff and this derisory pay deal."