Skip to content
Search

Latest Stories

Workers strike for pay hike at Ashok Leyland's UK subsidiary

AROUND 500 workers at the Optare bus manufacturing plant in Sherburn-in-Elmet, North Yorkshire, are striking for pay increase.

Optare is a subsidiary of the Indian vehicle manufacturer Ashok Leyland, run by the Hinduja group.


The workers said that there was no pay hike at the plant for the last two years.

The 100 Unite union members at the plant voted by a 73 percent majority for action. From November 17, they escalated action by holding four-day strikes which are continuing.  are employed at the site.

According to reports, Optare reneged on its promise to implement a pay rise from November 2019. The union had been in negotiations with the company for the previous 18 months.

In 2010, Ashok Leyland group acquired a 26 per cent share in Optare, and increased it to 75 per cent in 2011.

It now has a 99 per cent share and total control. Under Ashok Leyland, Optare closed its East Lancashire site in 2012 after moving further out from its east Leeds site to a newly built facility in Sherburn-in-Elmet in 2011.

Ashok Leyland, the one-time subsidiary of British Leyland, is headquartered in Chennai, India. It is world’s third largest bus manufacturer, 10th largest truck producer and India's second largest commercial vehicles maker.

In 2019, Optare reported around £49 million revenues, almost doubling the previous year’s, but showed a near £9m loss after tax.

In May this year, Optare, along with the UK other major bus manufacturers, Wrightbus, and Alexander Dennis, have requested for government funding to mitigate the impact of Covid-19.

“Without immediate support, future orders will not be forthcoming, putting over 10,000 jobs and apprenticeship opportunities at risk," they said.

More For You

India’s diamond exports hit 20-year low amid weak US and China demand

India handles nine out of every 10 diamonds processed globally

India’s diamond exports hit 20-year low amid weak US and China demand

INDIA’S exports of cut and polished diamonds plummeted to their lowest level in nearly two decades in the 2024-2025 fiscal year, which ended in March, on sluggish demand from the United States and China, a leading trade body said on Monday (14).

India is the largest cutting and polishing hub, handling nine out of every 10 diamonds processed globally. But it is sensitive to economic uncertainty – particularly in the US, its biggest market.

Keep ReadingShow less
UK financial watchdog opens first offices in US and Asia

The international expansion forms part of the FCA's new strategy (Photo: Reuters)

UK financial watchdog opens first offices in US and Asia

BRITAIN's Financial Conduct Authority (FCA) has established its first-ever international presence with new offices in the US and Asia-Pacific region, the watchdog announced on Tuesday (15).

Former investment banker Tash Miah began working at the British Embassy in Washington DC in April. In her role, Miah will collaborate with the Department for Business and Trade to improve UK-US financial services policy and help American firms navigate British regulations.

Keep ReadingShow less
UK Inflation

The Consumer Prices Index (CPI) stood at 2.6 per cent in March, down from 2.8 per cent in February, the Office for National Statistics (ONS) said.

Getty

UK inflation eases to 2.6 per cent ahead of US tariff impact

THE UK’s annual inflation rate dropped more than expected in March, according to official figures released on Wednesday. The latest numbers come as US president Donald Trump’s new tariffs add to global economic uncertainty.

The Consumer Prices Index (CPI) stood at 2.6 per cent in March, down from 2.8 per cent in February, the Office for National Statistics (ONS) said. Analysts had expected a decline to 2.7 per cent. The rate was 3.0 per cent in January.

Keep ReadingShow less
Bestway-wholesale

Bestway launches Easter campaign with 200 deals and new product reveals

BESTWAY Wholesale has launched a four-week Easter campaign offering nearly 200 promotional deals across categories both in depots and online.

The campaign includes branded displays with spring-themed packaging and features new product launches from Red Bull’s Peach Summer Edition and Pepsi’s Strawberry and Cream flavour, which Bestway says will be seen first at its outlets.

Keep ReadingShow less
What UK TV licence changes could mean for Netflix and Prime Video users

The current funding structure relies heavily on the TV Licence fee, but this model is under review

iStock

What UK TV licence changes could mean for Netflix and Prime Video users

The TV Licence fee in the UK has recently increased, and future changes to the system may also affect people who watch content solely through streaming platforms like Netflix, Amazon Prime Video, or Disney+.

As of now, UK residents are required to pay the TV Licence fee if they watch live television or use BBC iPlayer. The fee rose by £5 on 1 April 2025, increasing from £169.50 to £174.50 per year. This equates to approximately £14.54 per month. Those who watch only on-demand content via streaming services remain exempt from paying the fee under current rules.

Keep ReadingShow less