Jaguar Land Rover workers agree new pensions deal
Vehicle manufacturer Jaguar Land Rover is set to conclude a new pensions deal with its UK workforce to ensure it avoids damaging strike action like that seen at fierce rival BMW.
The deal means pensions for the workers will be based on career average pay rather than final salaries.
While likely to mean a cut in the final salary agreements, the deal has won the backing of trade union Unite and the people employed at the firm’s four UK production sites and its various support functions.
The manufacturer will be breathing a si... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
