In this file photo dated Monday Feb. 15, 2021, a Deliveroo food delivery worker pushes his bike in front of restaurant in Paris. Shares in the app-based meal delivery service Deliveroo tumbled by as much as a third in their U.K. stock market debut on Wednesday March 31, 2021. (AP Photo/Francois Mori, FILE)
LONDON (AP) — Gig economy riders for the app-based meal delivery platform Deliveroo are set to join strikes in five U.K. cities Wednesday over pay and working conditions.
Union organizers expect hundreds of riders to take part in the strike, which comes amid a broader backlash against the company and others in the gig sector.
The Independent Workers’ Union of Great Britain, which represents migrant and gig workers, said socially distanced protests are planned in London, York, Reading, Sheffield and Wolverhampton to demand fair pay, safety protections and basic workers’ rights.
Deliveroo said “this small self appointed union does not represent the vast majority of riders who tell us they value the total flexibility they enjoy." The company's rider surveys found most are happy with the company and flexibility was their priority, it said in a statement.
The strike coincides with the first day of unconditional trading for Deliveroo, which went public last week in a multibillion pound stock offering that was one of Europe's most hotly anticipated IPOs this year. However, a number of institutional investors skipped the initial public offering, citing concerns about employment conditions for riders and a dual-class shareholder structure that gives founder Will Shu outsize control.
Featured Article: Understanding the different types of bonds7 Lithium Stocks That Will Power the Electric Vehicle Boom
Demand for lithium is set to increase exponentially in the next few years. In fact, according to Statista, demand for lithium may very well double to 820,000 tons in that time. Some of that demand will come from companies that are manufacturing the batteries that we use every day. For example, lithium is an essential component of the batteries that power our mobile devices.
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The ones that do make it will need lithium and lots of it. To help you sift through the best lithium stocks to buy, we’ve put together this special presentation.
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