Barclays staff tell shareholders: 'Protect our pensions'

31st July 2009

Workers from Barclays will be lobbying shareholders at their meeting next Thursday as part of a dispute regarding their pensions.

Date: Thursday, 6th August 2009

Time: 9.30am – 11.30am

Location: The Brewery, Chiswell Street, London, EC1Y 4SD

The shareholder meeting has been called by Barclays to gain agreement to sell the Barclays Global Investors (BGI) business to BlackRock.

Unite members will be carrying placards stating: 'Hands off our pensions' to highlight their anger at proposals by Barclays to close its final salary pension scheme. Staff will be handing shareholders a leaflet outlining their concerns.

Unite will be balloting its members within Barclays on whether they would like to take industrial action to protect their pension entitlement. In a consultative ballot last month, 92 per cent of staff said they wanted to be balloted by Unite on industrial action.

The strike action could take place across the bank during the autumn. The industrial unrest would significantly impact the operations of Barclays and the service it could provide for its customers.

Unite represents over 25,000 members within Barclays. Unite members work across all of Barclays operations including bank branches, processing centres, call centres, computer centres, Barclaycard centres, as well as on the offshore Islands and Gibraltar.

ENDS

For more information contact: Saba Mozakka, Unite press office on: 07768 693 953 or Ashraf Choudhury on: 07980 224 761.


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