Socialist Worker

Deal to cut pay in half at steel firm

Issue No. 2283

Steelworkers’ union Community has disgracefully agreed to a 50 percent pay cut for workers at steel firm Caparo Merchant Bar in Scunthorpe.

Regional union official Andy McGarrigle said it was “not an easy decision to take”. But he said the union is “hopeful that we can see the company through these difficulties”.

The 150 workers will also take an “extended holiday” over Christmas as production shuts down.

The firm claims the pay cut is temporary and will help it “meet market conditions”.

But trading away pay will encourage the bosses to come back for more.

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Tue 13 Dec 2011, 17:13 GMT
Issue No. 2283
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