Reaction to Lloyd’s job losses, Pencoed
Posted on Friday, June 10, 2011 at 6:12pm
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Bethan Jenkins, Plaid Cymru AM for South Wales West, said:
”Incredibly sad news – my thoughts go out to the families of those workers. It demonstrates that towns like Pencoed and Bridgend are not safe from the ongoing crisis in banking.
“We’ve yet to hear from Lloyd’s, but I am hoping to ask an urgent question on the issue during First Minister’s questions next week. Only a few days ago, I was in the town centre of Bridgend, hearing from shop owners how economically tough it remains for them. This closure will only put further pressure on them and the wider community.
“I’ve said before that we have to be cautious rather than welcome large, supposedly blue chip companies to Wales. ‘Beggars can’t be choosers’ is a mentality all too prevalent in Wales. Yet these companies can come and go as they see fit. We have to remember we want businesses that will commit to a responsibility to the Welsh communities from where they draw their workforces.”
‘ I have received a letter from the Business Minister today which says that the company are providing staff the opportunity for jobs at the Cardiff, Swansea and Newport bases. I hope that staff will be supported through this process. I am also seeking a meeting with Lloyd’s to discuss this matter.’
