Amicus the Union

Amicus the Union

March 14, 2007 12:44 ET

Amicus reaction on the unions' meeting with WH Smith chief executive

LONDON, UNITED KINGDOM--(CCNMatthews - March 14, 2007) -

Amicus National Officer, Ann Field, said:

"Amicus met with the Chief Executive of WH Smith Retail, Kate Swann, today (Wednesday 14 March) and came away with nothing.

"The company have declared that the 60-day consultation period is over and that they will be making an announcement fairly soon as to what their final plans will be. Whether the company regards the consultation ended or not, we will continue to do everything we can to persuade them away from their present course.

"The company rejected outright alternative proposals from Amicus to maintain and safeguard members' pensions in the Final Salary Scheme of Pension Trust and the Money Purchase section provisions.

"Amicus is horrified that the company can make light of the damage they are doing to the pensions of their longer serving employees. We will be consulting our members and reps on what the next steps should be."

ENDS

Contact Information

  • Amicus
    Ashraf Choudhury
    Communications Officer
    020 7420 8914 / 07980 224761