P&O Ferries furloughed 1400 of its staff during the pandemic, costing the taxpayer £10m.
They also asked us for a £150m bailout.
Its parent company then paid out £250m to shareholders.
Now pandemic's over, they're sacking the British staff we supported.
rmt.org.uk/news/rmt-calls…
P&O Ferries announced plans to sack 1,100 staff in May 2020 after owners DP World refuse to inject money to keep jobs.
They begged government to chip in £150m to a £250m plan to keep operations and staff levels.
BUT STILL handed out a dividend of £270M! seatrade-maritime.com/ship-operation…
The Merchant Navy Ratings Pension Fund for P&O Ferries retirees has £146m deficit. DP World won't fund it.
But they paid to rename the 2022 European Golf Tour, 'the DP World Tour,' stumping up £147m prize money!
Pay for Golf holes not pension black holes.
mirror.co.uk/news/politics/…
And do you know back in March 2020 when we started paying £10m for furloughed P&O Ferries staff?
Owner DP World had just agreed a deal to sponsor Formula One Renault, so they became Renault DP World.
DP World paid 35m Euros or £30m.
rtrsports.com/en/blog/cost-f…
If DP World can afford to pay £177m on sponsoring golf tours and Formula One teams they can damn well pay back £10m of furlough money and continue to give their current P&O Ferries crew a fair day’s pay for a fair day’s work.
Unrolled P&O Ferries thread here. threadreaderapp.com/thread/1504442…
Just been to P&O Ferries in Hull with @KarlTurnerMP, @Ed_Miliband, the @RMTunion and more than 200 people to protest against the shameful treatment of workers.
Here’s my piece for @hulllive on why there’s a strong economic case to nationalise them.
hulldailymail.co.uk/news/hull-east…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with David Prescott

David Prescott Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(