Rolls-Royce men face new attacks
1970Bernard Franks Read the scan at ETOL (PDF) →Read from the scan by machine and not corrected: headlines and words can be misread, and a caption or advert can run into the text. For anything you quote, read the scan.
REDUNDANCY and speed-up strings will be an inevitable part of the £20 million government loan to Rolls-Royce, a payment made to support the company in the face of a dramatic fall of nearly Work and 'redeployment'.
Rolls-Royce claims that development costs have risen enormously and are not covered by returns on current deliveries. branche out ranche mem The loan, to be paid in wo f10 million stages by The threat of this cutback the Industrial Reorganization Corporation, is separate from a further £50 million Consider more militant ombers resume treated at the conference. Cambodian raids ber told Workers Press.
The town of Dam Rokar, the command of this officer 25 miles South of the Cam- should have made contact bodian capital Phnom Penh, several days ago with Saigon fell yesterday to a guerrilla units occupying the strategic offensive mounted in heavy town of Angtason, situated rain. on Highway 3.
The demoralized state of The approach of the monthe puppet forces was sum- soon, together with the med up by the comment of growing disintegration in one oficer : the ranks of the Phnom 'We'll have another push Penh regime's armed forces, in the morning, perhaps with makes the success of this air support.' and other similar missions In fact, the forces under unlikely. shop floor.
wanted by the company for the development of advanced engines and follows a previous £45 million loan which went into the development of the Concorde's Bristol Olympus engines.
One of the strings included with the loan is that ALL TRADES MEETINGS TONIGHT NORTH LONDON 'Keep out the Tories!' 'Fight for socialist policies!' Thursday, May 21, 8 p.m.
Co-op Hall
Seven Sister's Road NOTTINGHAM 'Tasks of trade unionists today' Thursday, May 21 7.30 p.m.
People's Hall
Heathcote Street SW LONDON esday, May 26, 8 p Princes Head Falcon Road, SWIl ice men an IRC member will be élected to the board 'to make sure that the IRC recommendations on the running of Rolls-Royce are put into effect'.
But the problems of the Rolls-Royce company reflect a far greater crisis of thé falling rates of profit involving major aircraft companies throughout the world.
In fact part of the company's contracts include a supply of engines to the Lockheed Aircraft com-