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Old 11th November 2006 | 18:16
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Leading the charge is the guy who was in charge of Alstom ...

Alstom was sold to Siemans in April 2003.* Workers have discovered through a letter from David Curtis, Alstoms' International Director of Pensions, posted on the company's website that workers applying for early retirement faced a further 20% cut in their pensions.

Workers who retire before 65 already face pension losses of 30% and have been kept totally in the dark over the new plans. Alstom has an estimated £435m shortfall in its UK fund, which has more than 20,000 members.
... yet he quite happily let NATS pick up HIS pension shortfall as part of his incoming pay package whilst leaving his previous workers to pick up the pieces of their own crumbling fund.

As soon as he's plundered our fund, got his knighthood from his pal Tony, and put a suitable golden parachute for himself and his buddies in place ... he'll be off as quick as a flash.
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