The company said management at its Hull factory had "proposed improvements in basic pay and no redundancies in return for the continued suspension of premium pay for overtime and bank holidays".

BBC: Greencore workers petition bosses in Dublin over pay

If East is going to import bikes, it will pay no more than two bushels in return (faced with a higher price, it would be better off moving workers back to the bike factory).

ECONOMIST: A short tour of economic theory

At present unions in Brazil cannot strike the sort of deals that are common elsewhere, such as accepting pay cuts during downturns in return for no job losses, since individual workers may later ask the labour courts to unpick them.

ECONOMIST: Brazil's labour laws