Boeing factory workers vote to strike; gold hits record high – business live

11 months in The guardian

Rolling coverage of the latest economic and financial news, as analysts warn an extended worker strike could delay Boeing’s recoveryBoeing has declared that it is ready to return to negotiations with its worker to agree a pay deal.In a statement issued after staff voted to strike, the company says:The message was clear that the tentative agreement we reached with IAM leadership was not acceptable to the members.We remain committed to resetting our relationship with our employees and the union and we are ready to get back to the table to reach a new agreement.The CMA has particular concerns that higher bills or reduced services would negatively affect those customers least able to afford mobile services as well as those who might have to pay more for improvements in network quality they do not value.We’ve taken a thorough, considered approach to investigating this merger, weighing up the investment the companies say they will make in enhancing network quality and boosting 5G connectivity against the significant costs to customers and rival virtual networks.We will now consider how Vodafone and Three might address our concerns about the likely impact of the merger on retail and wholesale customers while securing the potential longer-term benefits of the merger, including by guaranteeing future network investments. Continue reading...

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