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Unite reaction to Co-op Bank rescue announcement

Unite reaction to Co-op Bank rescue announcement

28 June 2017

Rob MacGregor, Unite national officer, said: “Unite, the union which represents staff at the Co-operative Bank, is cautiously welcoming this announcement as it ends a long period of uncertainty that has been difficult for the workforce. 

“Throughout this challenging period, the bank staff have continued to show their professionalism and commitment to the Co-operative name. Unite is pleased that the future of the bank appears protected as it continues to stand alone rather than being broken up and sold off in pieces. It is vital to the workforce that the Co-operative’s name, ethics and values will be safeguarded.

“Unite will be meeting with the chief executive this week to seek assurances on what the deal will mean for our members in the long term, including job security assurances and pension protections.”

ENDS

For more information contact: Saba Edwards, Unite senior communications officer on: 07768 693 953.

Notes to editors:

  • Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.