eglynt
I think your figures are a little inaccurate. If the total dividend payment is £43.5 Million then the
Airline Group's share will be £18.27 Million. The staff will get up to £2.175 Million (it's not clear how many staff are still shareholders or what happens to the dividend due on the shares currently held by the trust). Gordon Brown will walk off with £21.35 Million and BAA will get £1.74 Million.
Oddly enough,£18,27 Million would give
all NATS staff a 9% payrise, which is the same as PB by all accounts? Yes, they are entitled to dividends but all major companies have been warned not to pay out these dividends if their Pension scheme is "causing difficulties".
Frankly sir, you are trying to defend the indefensible
No wonder people get angry. NATS management listen to the pensions regulator only when it suits them. They screw down our pension whilst at the same time fork out squillions to shareholders
Last month, the Pensions Regulator warned companies not to keep on paying dividends to their shareholders if they thought they were having trouble affording the required level of pension contributions.
BBC NEWS | Business | Pension fund deficits at new high