Labour Court recommends 21 months’ actual loss for B & I Line transport buy-outs

The Labour Court accepted the need for B & I Line’s Transport Section rationalisation programme, while recommending changes to the company’s final proposals. Its recommendation, signed on 14 January 1993, set buy-out compensation at 21 months of actual loss, with half paid on acceptance and half six months later. The Court also recommended that Clause 3 of P.E.S.P. not form part of the programme and noted that two listed conditions had been referred to Centralised Group. Services Industrial Professional Technical Union and Amalgamated Transport and General Workers’ Union had objected to changes including closing the road fleet section, reducing staffing and buying out special payments. The Court cited the company’s finances, sterling’s effect on earnings and market competitiveness.