Unite the Union

Unite the Union

February 21, 2008 05:30 ET

Union Boss Visits Northern Rock Staff in the North East

LONDON, UNITED KINGDOM--(Marketwire - Feb. 21, 2008) -

Embargoed until 00.01am Friday 22nd February 2008

The leader of the UK's largest union, Unite, will today (Friday 22nd February) visit the employees of Northern Rock at their workplaces in Newcastle and Sunderland.

Unite members at Northern Rock continue to face uncertainty about their future job security five months from the start of the financial crisis which hit the bank. Derek Simpson, Unite Joint General Secretary has set out to the Chancellor and the new chairman staff demands for the business under public ownership. During his visit to the north east Mr Simpson will meet with the staff who have proved themselves to be the backbone of the organisation.

Derek Simpson, Unite General Secretary says: "The employees of Northern Rock are the greatest asset that the company has. Without their continued hard work and dedication, over this difficult period, there would now be no Northern Rock to nationalise. Unite is calling on the government and the new chairman to ensure there is an employee representative on the management board in order for the board to be reflective of all the stakeholders in the bank, including the staff.

"Unite members at Northern Rock were not responsible for the failure of the bank, and we will not allow them to pay the price for it. The union will oppose any compulsory redundancies and seek redundancy pay rates that are equivalent to those of European workers in the case of any proposed restructuring."

Mr Simpson will meet with staff at the Newcastle and Sunderland offices from 10am on Friday.

Contact Information

  • Unite Press Office
    Saba Mozakka
    07768 693 953
    Richard O'Brien
    07768 931 320