Home / Royal Mail / Just how wealthy are Britain’s biggest trade unions? | Business

Just how wealthy are Britain’s biggest trade unions? | Business

The RMT union is behind the summer train strike chaos. Last week its workers were taking industrial action at Network Rail, London Underground and 13 train operating companies, with the promise of more actions to come.

The RMT’s general fund, into which its 82,000 members put their fees, fell from £49 million to £45 million in the year to the end of 2020. Assuming he is on a similar deal to his predecessor, general secretary Mick Lynch — who took the job in 2021 — will be on a pay and pension package of £163,500. His assistant general secretary John Leach can expect £118,000 and senior assistant general secretary Eddie Dempsey £94,000. The union’s investments included 30,000 shares in Sir Martin Sorrell’s advertising business S4


Source link

About admin

Check Also

Royal Mail to scrap Saturday second-class post for nearly a million households next year amid huge shake-up of the business

By JESSICA CLARK, BUSINESS REPORTER Published: 17:02 EST, 22 December 2024 | Updated: 18:06 EST, …

Leave a Reply

Your email address will not be published. Required fields are marked *