The Assembly have announced £68m plans to help the newly redundant re-train and get back into work. They've been touting it as a response to the Corus announcement, although it seem this press release was published before the extent of the redundancies was confirmed.
Quick response or slick PR?
I also feel obliged to ask why the Welsh Assembly are paying to pick up the pieces when Corus have admitted (see the press release in yesterday's post) that they will be making £200m operating profits as a result of this 'competitiveness initiative'?
I also wonder how well the Unions have dealt with this situation. Back in December, there was talk of a 10% pay cut being offered to save jobs. Community Union apparently rejected it...now 10% of their members are being made redundant.
John Prescott: Political bruiser who played vital role in Labour comeback
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As deputy prime minister for 10 years, he was part of the team that won
three successive elections.
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