Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

I will not backtrack and I will not resign, says P&O Ferries boss Peter Hebblethwaite

by
March 29, 2022
in Investing
0
I will not backtrack and I will not resign, says P&O Ferries boss Peter Hebblethwaite
0
SHARES
21
VIEWS
Share on FacebookShare on Twitter

The boss of P&O Ferries has said he will not reverse the company’s decision to fire 800 crew and will not resign.

Peter Hebblethwaite, the company’s chief executive, has said the plea by Grant Shapps, the transport secretary, to offer the crew their jobs back on their former terms “ignores the situation’s fundamental and factual realities”.

In a letter to Shapps, Hebblethwaite said re-employing the workers would “deliberately cause the company’s collapse, resulting in the irretrievable loss of an additional 2,200 jobs”, adding: “I cannot imagine that you would wish to compel an employer to bring about its own downfall, affecting not hundreds but thousands of families.”

The ferry operator sacked its entire British crew on March 17 with the aim of replacing them with cheaper agency workers who will be paid £5.50 an hour on average.

Shapps wrote to Hebblethwaite on Monday offering him “one further opportunity” to rehire the sacked workers and said he intends to “block the outcome that P&O Ferries has pursued”.

He has pledged to bring a “comprehensive package of measures” to parliament to ensure crew on ferries operating out of British ports are paid the minimum wage. The UK minimum hourly wage raises from £8.91 to £9.50 on April 1.

Shapps said: “Given that we intend to ensure such outcomes are prevented by laws — which we will ensure that you cannot simply choose to ignore — I believe you will be left with little choice but to reverse your decision in any case.”

Hebblethwaite also rejected Shapps’s request that Thursday’s deadline for redundant crew to accept severance offers is delayed.

More than 500 crew are said to have signed settlements, including 67 officers who have either accepted the offer to work with the new crew provider or are in process of doing so.

He wrote: “These are legally binding agreements, and crew members who have entered them will rightly expect us to comply with their terms.”

Both the prime minister and Shapps have called on Hebblethwaite to resign, a move he has also rejected.

In the letter, he wrote: “I am compelled to discharge my duties for this historical company, saving the jobs of the 2,200 dedicated employees who continue working for P&O Ferries and providing for the effective operation of the trade routes upon which this country depends.

“I will therefore continue to do my utmost to ensure that this company has a sustainable business for the future.”

Hebblethwaite said P&O Ferries welcomed the government’s “commitment to increasing the minimum wage for all seafarers working in British waters”.

Read more:
I will not backtrack and I will not resign, says P&O Ferries boss Peter Hebblethwaite

Previous Post

5 ways to get your corporate travel under control

Next Post

French investors buy half of Hornsea Two offshore wind farm

Next Post
French investors buy half of Hornsea Two offshore wind farm

French investors buy half of Hornsea Two offshore wind farm

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

That Bangladesh Mask Study!

December 1, 2021

Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition

November 24, 2021
Pints of champagne could be the next ‘Brexit dividend’

Pints of champagne could be the next ‘Brexit dividend’

December 24, 2021
All companies trialling four-day working week opt to keep it after successful pilot

All companies trialling four-day working week opt to keep it after successful pilot

0

0

0

0
All companies trialling four-day working week opt to keep it after successful pilot

All companies trialling four-day working week opt to keep it after successful pilot

July 3, 2025

“Age Concern Hampshire Celebrates 40 Years of Service by Launching Crowdfunding Campaign to Aid Essential Social Programs for Seniors”

July 3, 2025

Introducing LOGEX Income: The Revolutionary Solution for Streamlining NHS Trusts’ Revenue Management.

July 3, 2025
Roomix raises £850k to expand family-focused custom furniture platform

Roomix raises £850k to expand family-focused custom furniture platform

July 3, 2025

Recent News

All companies trialling four-day working week opt to keep it after successful pilot

All companies trialling four-day working week opt to keep it after successful pilot

July 3, 2025

“Age Concern Hampshire Celebrates 40 Years of Service by Launching Crowdfunding Campaign to Aid Essential Social Programs for Seniors”

July 3, 2025

Introducing LOGEX Income: The Revolutionary Solution for Streamlining NHS Trusts’ Revenue Management.

July 3, 2025
Roomix raises £850k to expand family-focused custom furniture platform

Roomix raises £850k to expand family-focused custom furniture platform

July 3, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.