RMT on BP profits announcement
“Coming hot on the heels of the Shell announcement these obscene BP profits and shareholder dividends are indefensible while our key workers face crippling energy bills and the economy fails. These figures only serve to illustrate why public ownership and...
Pandemic profiteering has to stop
RAIL UNION RMT has called on the government to stop FirstGroup paying out a planned £500 million to shareholders this year, a sum it increased recently in part as a consequence of its franchise termination agreement with the government for...
RMT launches bust the transport workers pay freeze campaign
SPECIALIST TRANSPORT UNION RMT has launched a campaign today to bust through a Government-led pay freeze that is being imposed on transport staff – the same workers who have kept Britain moving throughout the COVID pandemic at well-documented personal risk....
Stagecoach profits jump 8%
Transport group Stagecoach has reported an eight per cent surge in statutory first-half profits in the same week that rail union RMT begins balloting for industrial action for a fair deal on pay and conditions on the East Coast service...
Rail companies to make minimum of extra £337 million
According to the ORR train companies collected £9.384 billion from fares in 2015-16. This is the most recently available figure.
Only regulated fares will go up by 3.6%, unregulated fares will go up by more, that is why the £337 million is...
RMT on Southern owner Go-Ahead Surge in Profits
Revenues surge to £3.4 billion and statutory profits to £99.8 million.
General Secretary Mick Cash said;
"While Go-Ahead have been driving Britain's biggest rail franchise into total meltdown the cash has been sloshing through the boardroom at obscene levels. This...
Region: South East and Anglia
Eurostar growth makes a nonsense of Government sell off
RMT acting general secretary Mick Cash said
"The Eurostar figures show continuing growth with the prospect of increasing demand and profitability well into the future and make a nonsense of this Governments plans to sell off Britain's 40% stake in the...