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Pay Offer From Government 'Extremely Disappointing,' Says Public Sector Unions

Thursday, 11 January 2024 09:23

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Also in your business headlines, the price of a stamp is going up.

Public sector unions have described a pay offer from government as 'extremely disappointing'.

Talks on a new wage deal broke down without agreement at the WRC in the early hours of this morning, raising the prospect of strikes.

The unions had already indicated they were preparing to ballot members on industrial action if no deal was done.

Minister Paschal Donohoe says has appealed for the unions to reflect, saying the government was ready to resume talks at any time.

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The price of a national stamp is going up.

It will increase by 5 cent to €1.40 from February 1st, as An Post deals with increasing transport, fuel and energy costs.

Rates for large envelopes and Registered Post will also increase, while sending a letter abroad and the national digital stamp will remain the same.

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Looking at today's Currency Markets, one euro buys you £0.86 and $1.09
While the ISEQ (I-SECK) Index of Irish Shares is at 8,499, down .34% since the opening.

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