Amicus, Britain’s largest manufacturing trade union, has threatened industrial action after workers at PSA Peugeot Citroen overwhelmingly rejected a pay award that involved increasing their pension contributions, the Financial Times (FT) said.
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According to the FT, workers at PSA’s Ryton plant near Coventry were offered a two-year pay deal estimated by the company at 7.3%.
The FT said the company has meanwhile delayed until next year a decision on whether to invest an extra £100 million upgrading the paint shop at Ryton, which builds 206 models and is the only source plant for the estate version. Not doing so would be seen as the beginning of the end for the factory as it will need new facilities to build the 207, the planned replacement, the newspaper said.
