First Active could be hit by industrial action if assurances on job security and working conditions are not honoured by prospective new owner Royal Bank of Scotland, SIPTU warned today.
SIPTU has written to First Active, demanding an immediate written assurance that in the event of a takeover by Royal Bank of Scotland, there will be no redundancies or worsening of conditions.
SIPTU's branch secretary for banking and insurance Mr John Swift said: "We believe the Royal Bank of Scotland are hostile to trade unions and have already threatened that there could be hundreds of job losses as a result of the integration of certain aspects of their operations."
Mr Swift concluded "In the absence of those assurances, we will have no choice but to ballot for industrial action."