OLD Media Moves

FT journalists accept new pension offer

February 15, 2016

Posted by Chris Roush

FT logoFinancial Times journalists have voted to accept a new pension offer, reports Mark Sweney of The Guardian.

Sweney writes, “The FT staff agreement over pensions ends an acrimonious seven month battle between staff and management, which has been running since Japanese group Nikkei’s £844m takeover of FT Group from Pearson last year.

“‘The FT chapel notes the decision by NUJ members to accept the latest offer on pensions put forward at Acas last week,’ the FT chapel said in a motion on Monday. ‘Over the past seven months, the FT chapel has shown that it is prepared to fight to defend terms, conditions and benefits for journalists against all management cuts and will continue to do so in future.’

“If the strike had gone ahead it is thought it would have been the first such action since a pay dispute in 1982. In that instance the action involved journalists walking out to a meeting at St Bride’s on Fleet Street, which resulted in the newspaper not being published.”

Read more here.

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