National Highways workers will go on strike from Thursday until Christmas Day. PA
National Highways workers will go on strike from Thursday until Christmas Day. PA
National Highways workers will go on strike from Thursday until Christmas Day. PA
National Highways workers will go on strike from Thursday until Christmas Day. PA

National Highways employees latest to strike in month of misery in the UK


Gillian Duncan
  • English
  • Arabic

First it was rail workers, then royal mail employees, nurses and paramedics — and now, motorway workers will go on strike, threatening chaos on UK roads shortly before Christmas starts.

National Highways workers will go on strike from Thursday until Christmas Day in the latest phase of action by the Public and Commercial Services union (PCS).

The four-day walkout by workers who plan, design, build, operate and maintain the roads in London and south-east England follows action by colleagues in Yorkshire and Humber, as well as north-west and north-east England.

PCS general secretary Mark Serwotka said: “We're aware our action is likely to inconvenience travellers but, even as we escalate it ahead of Christmas, we remind people this dispute could be resolved today if the government puts more money on the table.

“Our members are telling us they have to cut back their spending at Christmas time because they are running out of money. They have been offered a below-inflation pay award, at a time when inflation is higher than 10 per cent.”

About 20 million trips will be made by car to see friends and family in the run up to Christmas Eve, according to RAC.

And about 40 per cent of those journeys will take place on Friday, December 23, and Saturday, December 24.

It comes as new analysis shows drivers are being hit by record Christmas getaway fuel prices.

The RAC said motorists are being “heartlessly overcharged” as the average price of a litre of petrol is around 153p, with diesel at 176p.

Compared with the days leading up to Christmas 2021 — which was previously the most expensive for drivers — current prices are 7p higher for petrol and 27p more for diesel.

The millions of motorists embarking on journeys this week to spend the festive period with loved ones are paying an extra £20 to fill up a typical 55-litre family car with petrol and £31 for diesel than they did two years ago.

The National Highways strikes will escalate further on December 30 when PCS members across the traffic officer service in the West Midlands and south-west England embark on their protest action and on January 6 when it reaches the East Midlands and eastern England.

In addition, all PCS members in National Highways, working for the traffic officer service, will join in on January 3 and 4.

PCS has served a formal notice to the Department for Work and Pensions of an extended strike in parts of the department in the first week of January as part of its national campaign.

Meanwhile the government could fast-track an NHS pay rise next year after 48 hours of historic strikes by nurses and paramedics, according to reports.

It comes after unions and ministers remained in stalemate over pay negotiations on Wednesday night.

NHS Providers warned the strikes would have a knock-on effect on appointments and said it expected a return to “very high numbers” of emergency calls in the coming days.

The number of people phoning 999 appeared to have dropped in some parts of England on Wednesday and the membership organisation for NHS hospital, mental health, community and ambulance services said there had been “varying levels of disruption” across the country.

NHS Providers also said some demand had shifted to other services or not materialised as expected.

UK strikes — in pictures

  • Passengers view departure boards at Kings Cross station in London on Wednesday, during a strike by the Rail, Maritime and Transport union. PA
    Passengers view departure boards at Kings Cross station in London on Wednesday, during a strike by the Rail, Maritime and Transport union. PA
  • Members of the Communication Workers Union on the picket line in Whitechapel, East London, as Royal Mail workers strike over jobs, pay and conditions. PA
    Members of the Communication Workers Union on the picket line in Whitechapel, East London, as Royal Mail workers strike over jobs, pay and conditions. PA
  • Royal Mail delivery lorries parked idle in the Whitechapel delivery depot. PA
    Royal Mail delivery lorries parked idle in the Whitechapel delivery depot. PA
  • Mick Lynch, centre, general secretary of the RMT union, joins members on the picket line outside Euston station in London. PA
    Mick Lynch, centre, general secretary of the RMT union, joins members on the picket line outside Euston station in London. PA
  • CWU members on the picket line in Whitechapel. PA
    CWU members on the picket line in Whitechapel. PA
  • Empty platforms at Paddington station in London. PA
    Empty platforms at Paddington station in London. PA
  • The RMT picket line at Euston station. PA
    The RMT picket line at Euston station. PA

But the organisation said demand for care across the whole healthcare system remained high and trust leaders were reporting continuing delays to ambulance services and overcrowding at some accident and emergency departments.

The Telegraph said a source close to Health Secretary Steve Barclay — who was criticised by unions for suggesting striking health workers had “made a conscious choice to inflict harm on patients” — revealed he was keen to “speed up the process” to give NHS staff a pay rise early next year to break the deadlock.

Unions have said they expect NHS workers to be offered a 2 per cent increase next year, based on a letter sent by Mr Barclay last month to the NHS Pay Review Body.

At least 11,509 staff were absent from work across England during strikes by the Royal College of Nursing (RCN) on Tuesday, and 13,797 appointments and procedures had to be rescheduled, according to NHS England.

Thousands of ambulance workers embarked on a protest action on Wednesday, with members of the military stepping in to take their place and trusts telling patients only to call 999 in the case of a life-threatening emergency.

The next ambulance strike is due to take place on December 28.

Workers across several other industries are also set to strike in the build-up to Christmas.

On Thursday, strikes will be held by Unite members working for Highlands and Islands Airports, and the Driver and Vehicle Standards Agency (DVSA) in the North West, Yorkshire and Humber and North Wales.

Unison workers at the Environment Agency will refuse to provide on-call cover for unexpected incidents, and Rural Payments Agency staff will continue their walkout.

On Friday, the National Highways and DVSA strikes are expected to continue, while Royal Mail workers will begin a two-day national stoppage.

Christmas Eve will bring strikes from RMT railway workers from 6pm, and London bus workers at Abellio.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Updated: December 22, 2022, 8:48 AM