- 4 Items Tagged Within News
£1.8 billion extracted by private business since 2016, RMT report reveals
The findings, published to mark the first anniversary of the Passenger Railways (Public Ownership) Act receiving Royal Assent, expose the sheer scale of cash leaving the system under privatisation.
The report shows more than £510 million was paid out...
Region: National
Tagged with: RMT, Eddie Dempsey, Railway, Profits
RMT slams First Group dividends bonanza
First Group’s financial results for the year ending March 2024 state that there has been a ‘significant increase’ in Group operating profit to £204 million – up 27 per cent from £161 million last year.
First group operates bus and rail services...
Region: National
Tagged with: RMT, Mick Lynch, First Group, Profits
RMT slams Equinor oil and gas profits
Responding to Norwegian oil and gas company Equinor profits of over £60bn, offshore workers' union RMT general secretary Mick Lynch said: "Equinor has made exorbitant profits off the back of offshore contractors, many of them from Britain, who have suffered...
Region: National
Tagged with: RMT, Mick Lynch, Offshore, Oil and Gas, Profits, Equinor
Train company pandemic profits top £300 million
Private Train Operating Companies at the heart of the long-running rail dispute have made more than £300 million in profits since the government put them on new contracts when the Covid-19 pandemic hit, RMT research reveals.
While rail workers have...
Region: National
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