profits - 8 Items Tagged Within News
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
Tagged with: RMT, Defend Rail Jobs Pay and Conditions, National Rail Dispute, Mick Lynch, Pandemic Profits
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....
Region: National
Tagged with: Pay freeze, Transport workers, rail, rail profits
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...
Region: National
Tagged with: stagecoach, virgin trains, vtec, east coast, profits, privatisation,
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...
Region: National
Tagged with: fare rise, profits
Scotrail profits would pay for proposed £3m compensation
Following recent Scotrail claims that they don’t know how they will be able to pay for the £3 million scheme of a free week for passengers with monthly and annual passes proposed by the Scottish government, new research by rail...
Region: RMT Scotland
Tagged with: scotrail, abellio, profits, compensation
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
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