Steelworkers in Corby held an hour-long lunchtime protest last week calling
for the resignation of the Corus chairman, Sir Brian Moffat. The Anglo-Dutch
firm – formerly British Steel – recently announced a loss of almost £400m for
the past year and hinted at plans to make job cuts. Members of the ISTC union
blame Moffat for the steel giant’s financial crisis. The company infuriated
unions earlier this month after announcing a new bonus scheme for directors,
which operates regardless of whether the firm is making a profit.
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