REA Group says it’s ‘disappointed’ and ‘frustrated’ by rejections

While Chinese stocks had another day of strong gains on the back of Beijing’s stimulus blitz, shares in London and the rest of Europe have fallen this morning.

The UK’s FTSE 100 index is down 0.17%, or 13 points, at 8,269. Rentokil Initial is the biggest riser, up 3%, following the news that the activist investor Nelson Peltz’s Trian Partners has taken a seat on the struggling pest control company’s board.

Our members stand strong, and we remain ready to continue mediated or direct negotiations with Boeing. This has been made clear to both the company and our membership. The only way to resolve this strike is through negotiations, and rest assured, your Union will not bargain through the media.

The survey results from yesterday were overwhelmingly clear, almost as loud as the first offer: members are not interested in the company’s latest offer that was sent through the media. Many comments expressed that the offer was inadequate and the company’s decision to bypass the Union was viewed as disrespectful.