Unite the Union

Unite the Union

January 21, 2008 06:20 ET

Unite Reaction to Northern Rock Proposal

LONDON, UNITED KINGDOM--(Marketwire - Jan. 21, 2008) - Graham Goddard, Unite Deputy General Secretary said: "Unite the union welcomes the plans set out by the Chancellor today as a creative way of resolving the current log jam to possibly enable a private sector solution to go ahead and retain as many jobs as possible.

"Over four months of uncertainty has led to employees fearing there may be no secure solution to the current crisis. Unite will now be pressing the bidders for more information on their proposals in order to give the workforce some assurances about their future. Unite will be urging any future bidders for Northern Rock to sign up to the employee Charter."

Unite Charter for Northern Rock:

1. Recognition of Unite as a stakeholder in Northern Rock
2. To ensure the long term job security for the employees of Northern Rock
3. To protect and improve the terms of employment for employees
4. To protect the existing pension arrangements
5. To continue the work of the Northern Rock Foundation
6. To retain Northern Rock as a UK listed company

Contact Information

  • Unite Press Office
    Saba Mozakka
    020 7420 8916 or 07768 693 953