Workplace Report December 2004

Bargaining news

T&N talks break down

The Amicus, T&G and GMB unions are alarmed at press reports that the pension scheme at car-parts manufacturer Turner & Newall is again in jeopardy.

The pension scheme faces a £300 million shortfall (see Workplace Report September 2004). Federal Mogul, the US owners of Turner & Newall, have been in talks with the scheme's independent trustee, but these have apparently broken down.