One of the things that "The management" (for that is what they choose to call themselves) continually hit Prospect with during negotiations is that the company will "go to the wall" without agreement to change.
This "scare tactic" is, of course, complete b***ocks. Nevertheless some in Prospect still appear to beleive it.
NATS is NOT under threat. It is 49% owned by the UK government. THEY are the largest shareholder, not TAG. It is also one of New Labours Flagship PPPs. Politically it cannot be seen to fail, our Tony would never allow it, particulary after all the trouble he had getting the PPP through in the first place.
What may well be under threat is certain managers jobs. You've guessed it, the same ones who are using the "scare tactic" about NATS going bust. The reality is that THEY are the ones whose jobs are decidely dodgy. They are the ones who are !!!!! scared.
The result of the ballot is by no means a foregone conclusion. USE YOUR VOTE.
Rgds BEX