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The starting negotiations to guarantee the miners pension funds started at 50 /50 .
UK governments guarantee is normally set at around 15 % of profits,,, a vote was taken by the representatives at the time, 5 government representatives 4 NUM miners’ union representatives, and 1 man the breakaway Nottingham miners’ union UDM? Representative.
The UDM man voted with the government 6 to 4 .????
To date this has cost the mine workers over £8 billion, the cash going to the government from a private pension fund.
Sir Philip green & Robert Maxwell would be envies of this bunch.
And Paul’s right labour have had their hand in the pie too.
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