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GMB demands assurances for Asda workers after takeover

03 Feb 2021
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Asda workers have had a gruelling 12 months working through the covid pandemic – now more than ever they need certainty about their future

GMB Union has demanded assurances for Asda workers after the takeover could land the profitable company with multibillion pound debts.

New owners the Issa brothers have reportedly borrowed £3.5 billion to finance their £6.8 billion takeover of Asda and reports that the supermarket's petrol stations may have their ownership transferred to EG for £750 million.

Roger Jenkins, GMB National Officer, said:

“Asda workers have had a gruelling two years. Between the failed Sainsbury’s contract, the enforced changes to their terms and conditions and now a year of working on the frontline during the pandemic – the last thing they need is more uncertainty.

"GMB demands assurances that this multibillion pound debt will not endanger their livelihoods now or into the future.

“Asda is a profitable company that does not need to be loaded with debt. The Issa Brothers need to show some appreciation for the workers who make the Asda empire what it is and give assurances on their future employment and their future pay and conditions.”

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