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Financial Times staff back strike action over pension changes Financial Times staff back strike action over pension changes
(34 minutes later)
Journalists at the Financial Times have voted for strike action over proposed changes to their pensions.Journalists at the Financial Times have voted for strike action over proposed changes to their pensions.
The changes have been proposed by the paper's new owner, Japanese media group Nikkei, which bought the FT three months ago for £844m.The changes have been proposed by the paper's new owner, Japanese media group Nikkei, which bought the FT three months ago for £844m.
The National Union of Journalists (NUJ) said journalists voted overwhelmingly in favour of strike action, The National Union of Journalists (NUJ) said journalists voted overwhelmingly in favour of strike action.
It said almost 92% of members balloted backed action, showing their "anger and disgust over FT's broken promises".It said almost 92% of members balloted backed action, showing their "anger and disgust over FT's broken promises".
The NUJ accused the Financial Time and Nikkei of failing to honour equivalent terms of employment promises made following the takeover of the newspaper group in July. The NUJ accused the Financial Times and Nikkei of failing to honour equivalent terms of employment promises made following the takeover of the newspaper group in July.
It said that on Monday, senior managers put forward new proposals to the union, which it said it would be considering before making a final decision over whether to call its members out on strike.It said that on Monday, senior managers put forward new proposals to the union, which it said it would be considering before making a final decision over whether to call its members out on strike.
Steve Bird, NUJ representative at the Financial Times, said senior managers had already lost the trust of their staff including "most senior journalists".Steve Bird, NUJ representative at the Financial Times, said senior managers had already lost the trust of their staff including "most senior journalists".
He added: "We will be seeking talks with our new owners and expect a clear commitment to make good any shortfalls on our pensions."He added: "We will be seeking talks with our new owners and expect a clear commitment to make good any shortfalls on our pensions."
Three years ago FT journalists voted to strike over what they considered unfair pay rise proposals following what they said had been several years of below inflation pay deals.