Unite the Union

Unite the Union

November 20, 2007 05:57 ET

Unite sets out Charter for Northern Rock

LONDON, UNITED KINGDOM--(Marketwire - Nov. 20, 2007) - Unite the Union will launch a 'Charter for Northern Rock and Future Stakeholders' on Wednesday 21st November in Newcastle.

The six-point charter (see Notes to Editors) sets out the union's expectations for Northern Rock management and any future stakeholder in the bank. The charter will be signed by Unite Deputy General Secretary, Graham Goddard, outside a branch of Northern Rock in Newcastle.

Graham Goddard, Unite Deputy General Secretary says: "It is vital that Unite is recognised as a stakeholder in the future of Northern Rock.

Over two months of speculation about the future of Northern Rock has left employees feeling insecure about their jobs. Regardless of who owns the Bank Unite expects them to support this employee charter.

"As well as the protection of employee terms and conditions, Unite is seeking assurances about the long-term security of the Northern Rock Foundation.

"We will be looking for any future stakeholders within Northern Rock to sign up to the Unite Charter and to retain the bank as a UK listed company."

Photo opportunity outside Northern Rock Branch at 12 Noon- 132-134, Northumberland St, Newcastle Upon Tyne, Tyne and Wear NE1 7DG.

Unite officers will be available for interview and photos on Wednesday 21st November.

Unite Charter for Northern Rock and Future Stakeholders

1. Recognition of Unite as a stakeholder in the future of Northern Rock
2. To ensure the long term job security for the employees of Northern Rock
3. To protect and improve 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 7 420 8916 or 07768 693 953