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in the uk and around the world. i m tadhg enright. we start here in the uk where a summer of strikes could get even worse in the winter as two of britain s largest trade unions have put forward motions to co ordinate future walkouts in an effort to cause maximum impact. this the latest move to build pressure on the government and companies as workers demand higher wages in the face of soaring inflation and the cost of living crisis. the summer has seen industrial action from railway workers, to dock workers through to criminal barristers. and there could be more to come as nurses and local government workers are set to make decisions in the coming weeks. joining me now is gervais williams, head of equities at premier miton investors. whenever we talk about such things, we often reference the winter of discontent from the 1970s when there were widespread strikes in the face of high inflation. could this match it? iithink i i think it s very serious, when we look at the c ....
Will its the 7 a. M. Hour of fox Friends Weekend starting with this, a fox weather alert. One person was killed and millions under Storm Watches as tornado its outbreak across the Midwest Damages most in oklahoma. Pete plus, joes got a Popularity Problem heading into november. The new likability poll that a ranks him below nixon and carter. Carrie and a new carley and a new study shows some americans are dreaming of their next vacation while on vacation. [laughter] the second hour of fox Friends Weekend starts right now. Finish if i was just thinking about that weekend out at Cumberland Bay pete i got that one. I thought i did. This is the skyline ch ....
Wage prices go up. wages going up. seeing consumer prices still going up and inflation, that means the fed is going to have to continue to get on it. and that elevates the risk yet again of us moving back towards recession. bret: hugh? i think kimberly is exactly right, bret. that clip you played of chairman powell saying two days ago you know, we really have too much job growth. he did not like this report today. it means that they do have to do what kim just said, raise interest rates probably half point in december and probably back to three quarters points because inflation is the killer of recovery. they have got to have a recession before we can get back to a normal economy. the cbo s report in november, late november said we could have as much of a recession as a 2% contraction. i think today s numbers are best at times, worst of times, but mostly for the fed, the worst of times. bret: leslie i want to turn ....
Successful in warding off employee deems even as wage prices have been building in the post-pandemic world and some employers have acquiesced and given larger than normal pay raises because of the inflation you talked about earlier. amazon is automating rather dramatically in some of the warehouse operations between robots and the like and it is hard to say whether or not workers at this juncture have the levers that they had a few months ago. obviously, if it disrupts business activity around this all-important holiday shopping season, which is black friday, through cyber monday, just to start, then amazon may be forced to make at least a few concessions to get through the holidays without too much damage to the bottom line. is it much different for those protesting in other countries and europe and are the protests different and perhaps better, or better conditions, or better atmosphere for workers to demand more in europe as opposed to here in the states? well, europe has higher ....