Latest Dublin Prices

Aer Lingus 2.39 0.04 more
BoI 0.29 0.00 more
CRH 22.48 0.13 more
Glanbia 14.58 0.29 more
Greencore 0.64 -0.02 more
Ind. News 0.12 0.01 more
Ryanair 10.48 0.14 more


2nd day of rail strike hits thousands

Monday, August 25 11:49:58

The second day of a national rail strike by the NBRU and SIPTU in a row over pay cuts has affected tens of thousands of commuters around the country.

Iarnrod Eireann has pushed ahead with pay cuts of between 1.7pc and 1.6pc, following prolonged negotiations and as it attempts to repair its tattered finances.

Unions and management have been involved in talks on cost-cutting proposals for more than 18 months.

As the strike enters its second day, and with further disruption to services scheduled next month - there is no talk of further negotiations, and no sign of Government intervention.

Iarnrod Eireann imposed unilateral pay cuts yesterday, having accumulated losses of almost 150m over the past six years.

The NBRU says its members are being asked to replace funding that the Government reduced.

The NBRU began its 48-hour strike action yesterday.

SIPTU began its 24-hour action today.

The Head of Communications at Irish Rail has said the company is engaged in all levels in addressing its financial situation.

Speaking on RTE's Morning Ireland, Barry Kenny said there was an ongoing review with the National Transport Authority in terms of the funding available for Iarnrod Eireann's services.

However, Mr Kenny said 60pc of the company's costs came from the pay bill.

He said there was no way of bridging the gap without getting some savings from the pay bill.

Mr Kenny said the company felt that what it had proposed was modest.

For more visit: