Crypto-currency company trades down after trade union calls for better pay

Trade Union representatives of the United Food and Commercial Workers Union (UFCW) have called for a pay rise for their members, which has not been seen in the UK since the last general strike.

The announcement comes as the British government attempts to negotiate with the largest trading union federation, the Unite union, which represents a third of the UK’s 3.5 million workers.

The union has been demanding a five per cent increase in pay since 2015, and the government has so far not budged.

However, this latest offer has been rejected by the trade union representatives.

This comes after the UK Government announced it would introduce a minimum wage of £7.50 an hour by 2021.

It will be paid at a rate of £2.65 an hour per adult.

A spokesman for the union said the union had not received the latest offer and called on the government to listen to its members’ concerns and respond to their demands.

“This is a step in the right direction but the government must take the opportunity to listen and respond, so that our members get the best deal for themselves and their families,” the spokesman said.

In response to the union’s demands, the government said it would be working with other trade unions to deliver a deal that meets the union members’ demands.

In a statement the Department for Business, Innovation and Skills said the UK had made “significant progress” on pay, but the union is still seeking a rise in the minimum wage to £7 an hour.

“We remain committed to the principle of an annual rise in living standards and we will continue to work with the trade unions, businesses and other interested parties to deliver that across the economy,” the statement read.