BRITISH UNION FUNDS DOWN
(Rec. 11.30 p.m.) LONDON, March 26. Britain’s trade unions are so short of cash that they are forced to dip into rapidly diminishing reserves, a Trade Union Congress survey report showed today. The report said that a survey of union finances had disclosed an unsatisfactory and. in some respects, disquieting position. The cost of running a union is now three time* as hish as it was before World War 11. but contributions have risen on an average by no more than e Quarter.
The survey covered 123 unions with e total membership of 6,854.000. Almost 50 unions spent more in 1954 than they received in contributions in that year. Union subscriptions are expected to be raised. The accumulated funds of the unions amount to £57.630.000. representing little more than £8 a mem her.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19560327.2.92
Bibliographic details
Press, Volume XCIII, Issue 27928, 27 March 1956, Page 13
Word Count
137BRITISH UNION FUNDS DOWN Press, Volume XCIII, Issue 27928, 27 March 1956, Page 13
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in