Steel mill workers not paid
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Workers at troubled Thamesteel have not been
paid.
They were due to get their wages today (Wednesday) but were told
yesterday afternoon the company "will not be able to meet the
January 2012 salary payment date".
A meeting was held with union representatives at the site in
Brielle Way, Sheerness, last night.
There is speculation that the 400 or so staff have been told if
they do not accept a proposed 10% pay cut, an investment deal will
not go ahead and the firm could be put into administration.
However, this has not been confirmed by Thamesteel or its
Saudi-based parent company Al Tuwairqi.
It is thought major international oil firm Trafigura is close to
concluding an investment deal.
A spokesman for Community Union, which represents workers, said:
"We are still in close contact with the management at Thamesteel
and our efforts our focused towards securing a future for the
business."
- Are you affected by this? Contact the news desk on
01795 580300.
Wednesday, January 25 2012
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