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Author Globalization hits British workers hardest in Europe: trade union
Anonymous via the Cypherpunks Tonga Remailer

2006-08-27, 3:58 am

UPDATED: 08:39, August 25, 2006
Globalization hits British workers hardest in Europe: trade union

British companies and workers were more vulnerable to the divantages of globalization than the rest of Europe, according to a report issued on Thursday by the Trade Union Congress (TUC), an umbrella body for trade unions in the country.

British employees undoubtedly benefited from the cheap goods and greater prosperity brought about by globalization, but were more vulnerable than their European counterparts to the negative impacts of globalization, said the report which called on the gov
ernment to do more to support workers whose livelihoods were put at risk by growing global trade.

Britain buys in 25 percent more goods and services than it sells abroad, therefore, more British workers are at risk from international trade compared with their European Union colleagues.

In addition, the TUC claimed Britain was home to more multinational companies who could easily relocate operations overseas, and that the typical business strategy of keeping down costs, such as wages and investment in skills and training, entailed the co
nstant threat of the work being moved to countries where it could be done more cheaply.

In a submission to the government's 2007 Comprehensive Spending Review, the TUC appealed for government action to help ensure that the benefits of globalization were spread more evenly if they were to maintain support for open markets.

Priorities for funding should include support for workers vulnerable to the negative effects of globalization and for British companies who need to compete more on the global market to safeguard quality jobs in the country.

The TUC also urged the government to help British companies better capitalize on global export opportunities, particularly in emerging economies such as China and India, by supporting the development of strategic manufacturing and service sectors, in part
icular, environmental technology.

"Too many British workers are losing their jobs when companies move abroad or fail to compete. Cheap DVD players and clothes are scant compensation if you are being downgraded to poor quality, insecure, low-paid work," said TUC General Secretary Brendan B
arber.

He added that the government must provide support to older and unskilled individuals to help them adapt to the opening up of world markets and ensure benefit for all British workers.

"But the UK also has a responsibility, mainly through international trade agreements, to make sure that workers in developing countries have access to decent work," he added.


http://english.people.com.cn/200608...825_296581.html

JG

2006-08-27, 6:57 pm

Anonymous via the Cypherpunks Tonga Remailer wrote:
> UPDATED: 08:39, August 25, 2006
> Globalization hits British workers hardest in Europe: trade union
>
> British companies and workers were more vulnerable to the divantages of globalization than the rest of Europe, according to a report issued on Thursday by the Trade Union Congress (TUC), an umbrella body for trade unions in the country.
>
> British employees undoubtedly benefited from the cheap goods and greater prosperity brought about by globalization, but were more vulnerable than their European counterparts to the negative impacts of globalization, said the report which called on the g

overnment to do more to support workers whose livelihoods were put at risk by growing global trade.

That BP oil giant is some operator, spilling oil out of its leaky AK
pipelines.
BBC news had an interesting report on rising oil prices, since BP is
widely held in brit
pension funds, brits benefit from the ripoff gas prices.

Oh, and these guys burned the White House in the 1812 war, the first
Osamas in US
history.

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