Unite union welcomed the British government's decision to bail out struggling British banks and took this opportunity to renew its call to protect jobs in this sector, badly affected by the financial crisis. (Ref. 080791)
“The
measures announced today [to rescue banks] must be bound to undertakings by the
banks of no job losses, no repossessions and an end to the bonus culture” said Derek
joint general secretary of the Unite union. “Government intervention is not
only necessary in the financial services but intervention on a wider scale is
necessary to protect jobs and the economy in a recession.” He firmly added: “Workers
in the financial services industry are not the culprits of the credit crunch
and we are no
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