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CalMac makes 'money-saving' split | CalMac makes 'money-saving' split |
(about 5 hours later) | |
State-owned ferry operator Caledonian MacBrayne is to be split into two new companies from the beginning of October, BBC Scotland has learned. | State-owned ferry operator Caledonian MacBrayne is to be split into two new companies from the beginning of October, BBC Scotland has learned. |
One of the companies will be registered in the Channel Isles, resulting in substantial tax savings. | One of the companies will be registered in the Channel Isles, resulting in substantial tax savings. |
The other will retain actual ownership of ferries and remain based at Gourock in Inverclyde. | The other will retain actual ownership of ferries and remain based at Gourock in Inverclyde. |
The RMT union said it had been re-assured by guarantees that staff pay and conditions would not be affected. | The RMT union said it had been re-assured by guarantees that staff pay and conditions would not be affected. |
'Competitive edge' | 'Competitive edge' |
On 1 October, the bulk of CalMac's 600 crew and staff will transfer to a new company, likely to be registered in the Channel Isles. | |
The Scottish Executive-owned company said it believed that going offshore would reduce its tax liabilities. | The Scottish Executive-owned company said it believed that going offshore would reduce its tax liabilities. |
CalMac management said this could help it to become more competitive during the tendering process for its own routes. | CalMac management said this could help it to become more competitive during the tendering process for its own routes. |
The winner of the first tender, for the Gourock to Dunoon route, is expected to be announced at the end of October. | |
CalMac and Western Ferries have both tendered for the contract. | CalMac and Western Ferries have both tendered for the contract. |