{"id":8150,"date":"2016-03-16T12:26:36","date_gmt":"2016-03-16T12:26:36","guid":{"rendered":"http:\/\/unitelive.org\/?p=8150"},"modified":"2016-03-16T12:28:30","modified_gmt":"2016-03-16T12:28:30","slug":"cider-capitalisms-ugly-face","status":"publish","type":"post","link":"https:\/\/unitelive.test.igniteamt.com\/?p=8150","title":{"rendered":"Cider capitalism’s ugly face"},"content":{"rendered":"
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Unite denounced the trading update from the Dublin-based C&C Group as \u00e2\u20ac\u0098another kick in the teeth for a dedicated workforce\u00e2\u20ac\u2122 at the profitable Somerset site.<\/p>\n

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A trading update from the company expected the operating profit across its operations for the 12 months to 29 February 2016 to be in the region of \u00e2\u201a\u00ac103m. Trading in the last quarter provides \u00e2\u20ac\u0098grounds for optimism\u00e2\u20ac\u2122. Results for the year will be announced on 11 May.<\/p>\n

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The Shepton Mallet Cider Mill is due to close in the summer when production, including well-known brands such as Blackthorn and Olde English, ceases and the pulped fruit is transported to Ireland \u00e2\u20ac\u201c the first 40 redundancies were announced earlier this month.<\/p>\n

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\u00e2\u20ac\u015bThe insatiable appetite to build the bottom line is the only consideration in a world, driven by accountants obsessed with only profits, with no care for the company\u00e2\u20ac\u2122s wider social responsibilities,\u00e2\u20ac\u0165 said Unite regional coordinating officer Steve Preddy.<\/p>\n

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\u00e2\u20ac\u015bIronically, the Shepton Mallet plant is a profitable site and its employees have contributed greatly to the \u00e2\u201a\u00ac103m forecast.<\/p>\n

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\u00e2\u20ac\u015bWhat is happening is the unacceptable face of capitalism \u00e2\u20ac\u201c a capitalism that cares nothing for workers\u00e2\u20ac\u2122 welfare or the surrounding communities,\u00e2\u20ac\u0165 he added. \u00e2\u20ac\u015bThis multinational business has shown no loyalty or guilt in ending a cider-making heritage stretching back in Shepton Mallet to 1770.<\/p>\n

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\u00e2\u20ac\u015bUnite repeats its call today (March 15) for the management to accelerate its efforts to find a buyer for the site,\u00e2\u20ac\u0165 Preddy noted. \u00e2\u20ac\u015bThe fact that the C&C Group is highly profitable gives it plenty of time to find such a buyer \u00e2\u20ac\u201c there is no need for a fire sale.<\/p>\n

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He argued that any such sale would be greatly assisted if the company agreed to sell the brands, as well as the site itself.<\/p>\n

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\u00e2\u20ac\u015bThe brands and the site would make a very attractive package for a potential buyer at this already profitable site with an enthusiastic and dedicated workforce.\u00e2\u20ac\u0165<\/p>\n","protected":false},"excerpt":{"rendered":"

Unite denounced the trading update from the Dublin-based C&C Group as \u00e2\u20ac\u0098another kick in the teeth for a dedicated workforce\u00e2\u20ac\u2122 at the profitable Somerset site.   A trading update from the company expected the operating profit across its operations for the 12 months to 29 February 2016 to be in the region of \u00e2\u201a\u00ac103m. Trading […]<\/p>\n","protected":false},"author":1,"featured_media":8152,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[487],"wps_subtitle":"Shepton mill owners chalk up \u00e2\u201a\u00ac103m profits","_links":{"self":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/8150"}],"collection":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8150"}],"version-history":[{"count":1,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/8150\/revisions"}],"predecessor-version":[{"id":8153,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/8150\/revisions\/8153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/media\/8152"}],"wp:attachment":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}