159 MPs Write to TDR Capital Demanding Resolution of Long-standing Dispute

  • Over 150 MPs call on Asda to end equal pay dispute
  • GMB Union reveals 159 MPs have written to majority owner TDR Capital urging settlement
  • Tens of thousands of supermarket workers involved in legal battle for equal pay
  • Women workers earn up to £3.74 per hour less than male counterparts in warehouses, says GMB Union
  • £2bn in back pay owed to staff
  • Asda spokesperson: ‘We reject any claim that Asda’s pay rates are influenced by gender’
  • Nadine Houghton of GMB: ‘Low paid women workers have propped up retail giants for too long, it’s time they are paid properly’

More than 150 UK MPs have called on Asda and its majority owner, TDR Capital, to resolve the ongoing equal pay dispute involving ‘tens of thousands’ of supermarket workers. The GMB Union claims that women working in stores earn up to £3.74 per hour less than their male counterparts in warehouses and that £2bn is owed in back pay to staff. Asda maintains that retail and distribution are separate industries with distinct skill sets and pay structures.

Factuality Level: 8
Factuality Justification: The article provides accurate information about the ongoing equal pay dispute involving Asda workers and MPs’ support for the case. It includes relevant details such as the number of MPs involved in the letter, the amount of back pay owed to staff, and the current stage of the hearing at the Manchester Employment Tribunal. The article also presents both sides of the argument with quotes from GMB national officer Nadine Houghton and an Asda spokesperson.
Noise Level: 3
Noise Justification: The article provides relevant information about an ongoing legal dispute regarding equal pay for Asda supermarket workers and highlights the support from MPs. It also includes statements from both the GMB Union and Asda’s response. However, it lacks in-depth analysis or exploration of the broader implications of this issue.
Financial Relevance: Yes
Financial Markets Impacted: Asda (owned by TDR Capital) and its workers
Financial Rating Justification: The article discusses an ongoing equal pay dispute involving Asda supermarket workers and their male warehouse counterparts, which has financial implications for the company as they are potentially owed £2bn in back pay. This could impact the company’s finances and reputation.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the article.

Reported publicly: www.retailsector.co.uk