By Scott Kanowsky
Investing.com -- Railway employees for the U.K.'s Network Rail and 14 train other operating firms will go on strike on October 1, citing a breakdown in talks with industry leaders over job security, pay, and working conditions.
The RMT union said the 24-hour action will bring the railway to an "effective standstill." The organization added that it had received "no further offers" from the rail industry to help come to a negotiated settlement.
In separate disputes, workers from Arriva Rail, Hull Trains, and First Group Southwest will also stage a walkout on October 1.
“[W]orking people will not accept continued attacks on pay and working conditions at a time when big business profits are at an all-time high,” said RMT general secretary Mick Lynch in a statement.
The announcement comes as U.K. train drivers from the ASLEF union are also set to strike on October 1 and 5.