Renationalise BT

The Communication Workers Union Clerical Branch in Northern Ireland has proposed a motion to the annual conference in May to re-nationalise British Telecom.

The Socialist spoke to David Bell, proposer of the motion and branch secretary of the CWU NI Clerical Branch.

“BT announced last November 10,000 jobs (or 6% of the workforce) were to be lost. The reason for the massive job losses isn’t because these workers are no longer needed it is because BT want to lower costs so they can increase profits. BT share prices rocketed 12% on the day they announced the job losses.”

“Chief executive Ian Livingston has admitted that BT has a deficit in its pension fund of £5billion. In May 2007, BT announced a £1billion surplus in their pension scheme yet in less than 2 years this has plummeted to a £5billion shortfall!”

“Our union needs to fight for the re-nationalisation of BT so jobs can be protected and the profits being made by BT are used to develop the service for the public good, not to enrich shareholders.”

Total
0
Shares
Previous Article

Death on the rock of Gibraltar

Next Article

Royal Mail: Action needed to stop privatisation

Related Posts

Socialist Party Election Launch in Enniskillen

Donal O’Cofaigh launched his campaign at an event attended by supporters in the Westville Hotel on Thursday 14th.

The event was chaired by Ciaran Mulholland, treasurer of the Socialist Party NI, and speaking was newly elected Dublin North Socialist Party TD, Clare Daly.

Clare spoke about the economic crisis in the Republic of Ireland and how ordinary people had suffered as a result of the decision to bailout bankers, speculators and bondholders. She pointed to the need for working people to campaign against these cuts and the need for social solidarity.

Government of millionaires attack benefits

TheSocialist spoke to William, a disabled low paid worker and single parent in East Belfast who relies on benefits which are now coming under attack.

“I’ve been receiving a small amount of disability benefits for a number of years following a serious breakdown caused by stress and overwork. Although I’ve managed to get back into some work, its only part time and at a very low wage. I get about £2,400 a year in benefits on top of my wages of £9,700, so life is a struggle.

The Assembly Executive must Nationalise to Save Jobs

In the past 12 months over half a million workers have been sacked across Northern Ireland and Britain. In the North, over 102,000 people are unable to find work - more than double the official unemployment statistics.

The rise of unemployment has become an emergency. The ‘green shoots of recovery’ which many capitalist economists predicted earlier this year have shown to be nothing more than wishful thinking. Most economists now admit that any recovery will be very weak, and it is ruled out that sufficient jobs will be created in the next year to absorb the hundreds of thousands of people joining the dole queues. Workers who face losing their jobs and the galling prospect of having to survive on paltry benefits though are beginning to resist job losses.