Amicus seeks assurances over the future of NAG
8 June 2006
Amicus Britain's biggest private sector union will today (08/07/06)
meet with John Stewart the group CEO and Managing Director of
National Australia Bank (NAB) in Glasgow to demand assurances that
NAG Europe will not be sold off and jobs will be protected.
There are 8,500 members of staff working for the bank in the
UK. There has been a lot of speculation about a possible bid from
organisations like Santander for NAG.
Amicus would be hugely disappointed if the hard work and pain
endured by the staff as a result of cost cutting and significant
redundancies was in order to streamline the company in preparation
for a bid from another bank.
Amicus will be expecting that the staff remaining at NAG will
have their jobs, terms and conditions and pensions protected and
they will not be sacrificed for the sake of short term shareholder
value.
Amicus National Officer, Mary Alexander says: "We will be
asking John Stewart the group CEO and Managing Director of National
Australia for assurances that NAG Europe will not be sold off.
Amicus union would be hugely disappointed if the hard work and pain
endured by the staff as a result of cost cutting and significant
redundancies was in order to streamline the company in preparation
for a bid from another bank."
Ends
Contact: Ciaran Naidoo 07768 931 315
