RMT meets with LU director to discuss financial crisis

Dear RMT members

Update

This morning myself and NEC rep Jared Wood attended a summit meeting with the Managing Director of LUL and others to discuss the above

At the time of writing this update no final deal had been done with government and TFL and management told us that it is possible a deal may not be completed by the 17th October deadline. However, it is management’s view that a section 114 notice would not be required if there was a reasonable prospect of securing a deal by next week.

We reiterated that we will not tolerate any attack whatsoever on jobs, pensions, terms and conditions or wellbeing.

We pressed the management that staff needed assurances that their jobs were secure and urgently needed to be guaranteed.

Fraternally

John leach – Regional Organiser
Jared Wood – National Executive member