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Tanker driver strike - was it worthwhile after all?

Saturday, June 21, 2008
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Is it really two weeks since a strike by a group of oil tanker drivers had the media running their standard “panic buying” stories, featuring petrol stations that had run dry.  It’s amazing how the actions of a relatively small group of employees (providing fuel to just 10% of the UK’s petrol stations) can have such a significant impact.  However, it seems the strike tactic may have worked for the employees…

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The Times report today that the striking oil tanker drivers have agreed a 14% wage increase, spread over two years.  The first 9% rise comes this year, followed by 5% next year.

Even with the Consumer Price Index & Retail Price Index rising in recent months, the wage deal negotiated by the strikers is still well above the rate of inflation.


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