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Wrightbus in administration

124

Comments

  • Registered Users Posts: 3,078 ✭✭✭salonfire


    Yes it was. It kept their conditions and pay and a good level.

    However , Unfortunately the union cant stop the management from making a complete balls up of the operation.

    Really? Still out of a job aren't they?

    Those union subs might be of more use in their own bank accounts right about now.


  • Registered Users Posts: 8,925 ✭✭✭GM228


    salonfire wrote: »
    Really? Still out of a job aren't they?

    Those union subs might be of more use in their own bank accounts right about now.

    I'm not sure what the point is, as already pointed out a union couldn't stop the bad management and mismanagement of funds.

    Assuming a worker was paying the max £3.65 weekly sub what use would that be to them today had they not been signed up? Do you think they would have put that into a special rainy day fund to save a wapping £189.80 per year?


  • Registered Users Posts: 8,925 ✭✭✭GM228


    Rumours of four different potential buyers of Wrightbus. No details of who they may be or any likelihood of a takeover.


  • Closed Accounts Posts: 876 ✭✭✭Lord Glentoran


    salonfire wrote: »
    Really? Still out of a job aren't they?

    Those union subs might be of more use in their own bank accounts right about now.


    Jesus wasn’t much use to them either.


  • Registered Users Posts: 50 ✭✭PVNevin


    The issue of the unions is crucial.
    Just as with workers throughout the world, workers are prevented by the unions from engaging in a battle for their conditions, pay, rights and jobs.
    This society is divided into classes. There is an us and them; and the unions are decidedly on the side of 'them'. Not 'us'

    Unions base their being on the workplace. On the relations between the workforce and the employers.
    Their raison d'etre is to mange those relations.

    In earlier eras, as capitalism expanded and grew, the unions were able to represent the needs of the workers. As capitalism has turned to crisis the unions can only continue to exist if they intervene on the side of the employer.

    The issue of union subs is significant. Not only because workers wages are at poverty or near-poverty levels.
    In paying a sub a worker is psychologically committing to the union. Nearly always, in wildcat struggles, and in day-to-day battles to survive, workers complain bitterly about paying subs to the union that works against them.
    This expresses the pressure on workers to take the logical step and break from the unions completely. And set up their own rank-and-file committees.

    Workers protest closure of Wrightbus in Northern Ireland
    https://www.wsws.org/en/articles/2019/10/03/wrig-o03.html

    Why are unions hostile to socialism?
    https://www.wsws.org/en/articles/2019/09/28/matu-s28.html


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  • Registered Users Posts: 8,925 ✭✭✭GM228


    Looks like there may be hope for Wrightbus with Jo Bamford looking at buying the company.

    https://www.google.com/amp/s/www.bbc.co.uk/news/amp/uk-northern-ireland-49987068

    Prior to their collapse he was in a joint bid with Weichai to take over the company, but they pulled out, presumably due to the land rent and property ownership issue and it looks like it may be problematic again.


  • Moderators, Motoring & Transport Moderators Posts: 11,584 Mod ✭✭✭✭devnull


    GM228 wrote: »
    Looks like there may be hope for Wrightbus with Jo Bamford looking at buying the company.

    https://www.google.com/amp/s/www.bbc.co.uk/news/amp/uk-northern-ireland-49987068

    Prior to their collapse he was in a joint bid with Weichai to take over the company, but they pulled out, presumably due to the land rent and property ownership issue and it looks like it may be problematic again.

    Seems that Jeff Wright really don't want to part with the land.

    You can see why bidders are apprehensive with that set-up.


  • Registered Users Posts: 5,855 ✭✭✭trellheim


    split the church out transfer the factory land for a quid ....


  • Registered Users Posts: 4,520 ✭✭✭Topgear on Dave


    BBC newsline reporting a deadline tomorrow morning for the Bamford deal or Wrightbus goes into liquidation.

    All the pressure is on the pastor.


  • Moderators, Motoring & Transport Moderators Posts: 11,584 Mod ✭✭✭✭devnull


    BBC newsline reporting a deadline tomorrow morning for the Bamford deal or Wrightbus goes into liquidation.

    All the pressure is on the pastor.

    We'll soon see where Jeff Wright's priorities lay.


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  • Registered Users Posts: 4,520 ✭✭✭Topgear on Dave




  • Registered Users Posts: 8,925 ✭✭✭GM228



    Newer Tweet saying it's not over that an offer is on the table and being considered....

    https://twitter.com/JP_Biz/status/1182227509909348353?s=19


  • Registered Users Posts: 33,850 ✭✭✭✭Hotblack Desiato


    No deal is better than a bad deal... :rolleyes:

    Life ain't always empty.



  • Moderators, Motoring & Transport Moderators Posts: 11,584 Mod ✭✭✭✭devnull


    Latest comments from Jeff Wright mean it's likely to be liquidation, he's said that they can't reach a deal and he considers some of the land 'farmland' that cannot be considered as the same site as the factory.


  • Registered Users Posts: 8,299 ✭✭✭dublinman1990


    BBC News NI is reporting that Jeff Wright had rejected the offer from Jo Bramford & asked for a new offer with a significantly higher amount of money involved. Does anyone know how much money was asked for from Wright to Bramford?


  • Registered Users Posts: 33,850 ✭✭✭✭Hotblack Desiato


    Clear as anything they don't care about the workers as long as the Wright family is quids in

    Life ain't always empty.



  • Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,360 CMod ✭✭✭✭Dravokivich


    Clear as anything they don't care about the workers as long as the Wright family is quids in

    No doubt considering where the money has gone.


  • Registered Users Posts: 15,476 ✭✭✭✭The Cush


    Does anyone know how much money was asked for from Wright to Bramford?

    £18m according to this tweet

    https://twitter.com/ExWrightEmploye/status/1181991663935397891

    An additional £1.5m according to a post on - https://www.facebook.com/loveballymena
    Love Ballymena
    5 hrs

    George Brash speaks from Unite the Union, Northern Ireland vigil for jobs outside #Wrightbus factory gates. A deal was apparently stalled over demand for additional £1.5 million this morning.


  • Registered Users Posts: 15,476 ✭✭✭✭The Cush




  • Moderators, Motoring & Transport Moderators Posts: 11,584 Mod ✭✭✭✭devnull


    It's worth noting that the longtime CEO and Chariman of Wrightbus, Mark Nodder stepped down in April and after that Jeff Wright took over the leadership reigns of the company.

    Nodder is a current board member of Invest NI who also donated money to Wrightbus itself, by the way and apparently Invest NI knew that some of it might be used for the church.


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  • Registered Users Posts: 33,850 ✭✭✭✭Hotblack Desiato


    The whole thing is dodgy as fûck.

    Life ain't always empty.



  • Registered Users Posts: 4,520 ✭✭✭Topgear on Dave


    https://www.bbc.co.uk/news/uk-northern-ireland-50013959

    A deal has been done of some type.


  • Registered Users Posts: 24,647 ✭✭✭✭punisher5112



    Very interesting so they have all sorts going on with splitting property, land and say machinery etc under different companies and so on....

    Doesn't surprise me but obviously others see there is money to be made.

    Wonder will there be a cull and wage decrease if it goes through.

    They obviously see there will still be a market even with Brexit.


  • Registered Users Posts: 4,520 ✭✭✭Topgear on Dave


    Land gifted to the local council. So why was he looking for more money for it yesterday.

    Can he get it back in a few years?


  • Registered Users Posts: 24,647 ✭✭✭✭punisher5112


    Land gifted to the local council. So why was he looking for more money for it yesterday.

    Can he get it back in a few years?

    The whole set up is bizarre especially when you bring his personal church into the mix....

    Either way if it sells and he gets nothing or it folds they themselves have put enough money aside to be extremely comfortable for the rest of their lives and children's and so on.


  • Registered Users Posts: 12,755 ✭✭✭✭galwaytt


    bk wrote: »
    Actually now that I think of it, will this hand AlexanderDennis the Hybrid contract?

    Another reason why Wrightbus is even less attractive now: they didn't win this one: https://www.alexander-dennis.com/media/news/2019/october/alexander-dennis-awarded-180-enviro500-double-deck-bus-order-from-hong-kong-operator-kmb/

    Ode To The Motorist

    “And my existence, while grotesque and incomprehensible to you, generates funds to the exchequer. You don't want to acknowledge that as truth because, deep down in places you don't talk about at the Green Party, you want me on that road, you need me on that road. We use words like freedom, enjoyment, sport and community. We use these words as the backbone of a life spent instilling those values in our families and loved ones. You use them as a punch line. I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the tax revenue and the very freedom to spend it that I provide, and then questions the manner in which I provide it. I would rather you just said "thank you" and went on your way. Otherwise I suggest you pick up a bus pass and get the ********* ********* off the road” 



  • Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,360 CMod ✭✭✭✭Dravokivich


    galwaytt wrote: »

    To be fair, reading the blurb it seems ADL have an ongoing partnership with the operator there.


  • Registered Users Posts: 1,491 ✭✭✭john boye


    BBC spotlight this Tuesday night is about what went on at Wrightbus.


  • Registered Users Posts: 5,309 ✭✭✭dowlingm


    john boye wrote: »
    BBC spotlight this Tuesday night is about what went on at Wrightbus.
    Should be on Panorama across the UK given where a big chunk of the public money that “Invest NI” spends comes from...


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  • Registered Users Posts: 3,041 ✭✭✭Vic_08


    dowlingm wrote: »
    Should be on Panorama across the UK given where a big chunk of the public money that “Invest NI” spends comes from...

    English news is national news, regional news is regional. BBC are excellent at keeping anything to do with NI out of the national consciousness.


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