Unite the Union

Unite the Union

November 16, 2007 17:31 ET

Unite reaction to NR management announcement

LONDON, UNITED KINGDOM--(Marketwire - Nov. 16, 2007) - Graham Goddard, Unite Deputy General Secretary says: "It is essential that the announcement by Northern Rock management marks a fresh dawn for the bank. Unite's priority remains the job security of Northern Rock's employees, whose future continues to be uncertain.

"It is appropriate at this time to reflect on the massive differentials between the hard working staff, some of whom earn just Pound Sterling 11,000 a year, and the executives who today announced their departure. Employees of the bank remain committed to the future of Northern Rock as a north-east based financial institution. Unite will continue to push for the protection of their terms, conditions and pension arrangements."

Contact Information

  • Saba Mozakka
    Unite Press Office
    07768 693 953