Do not panic, it is not any Nigerian bank.

They wouldn’t do that. They love your money way too much to down tools.

It is the ones who work for Bank of England, Britain’s central bank, that will go ahead with their planned first strike in over 50 years on Tuesday.

The workers are speaking with one voice after a meeting of the leadership of the Unite Union.

What is the problem? It's money!

The workers want more money.

Last-minute talks facilitated by a government-run arbitrator failed to resolve the pay dispute.

Also Read: Petrol Scarcity Looms As Petroleum And Gas Workers Go On Strike

The union initially agreed to a mediation but said after it agreed to delay start of strike action “in a gesture of goodwill” it will now proceed with the strike action.

About 95% of staff in maintenance, security and other service roles voted earlier this month for four days of strike action from Monday over a long-running pay dispute.

“The strike will now take place from Tuesday to Thursday.

“Unite members are calling on the Bank of England to give staff fair pay following the imposition of a derisory pay settlement without negotiating with recognised union Unite,’’ the union said.

It said that the dispute was caused by the bank’s imposition of a 1% increase on its total wage bill for the current financial year, while it leaves pay rise for individual staff at the discretion of line managers.

The Bank of England, has however made no immediate comment on the planned strike.