Skip to content
Sunday 9 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 22 March 2022 6:18 pm  |  Updated:  Tuesday 22 March 2022 6:31 pm

P&O Ferries to pay £36.5m compensation to workers affected by layoffs

By: Ilaria Grasso Macola

Add as a preferred source on Google
Passengers embarking on P&O cruises around the UK this summer will have to have had two doses of a Covid-19 vaccine, the Carnival-owned firm said this morning.
P&O Ferries said it would pay £36.5m in compensation to seafarers fired last week.

P&O is set to pay a total of £36.5m to workers who were fired last week in a four-minute video call.

The company said that 575 of the 786 seafarers affected by the job cuts are expected to progress with the severance offer, which in some cases amounts to £170,000 per person, Sky News first reported.

The move, reportedly the largest compensation ever handed in the maritime sector, comes after news of P&O forcing to sign non-disclosure agreements emerged yesterday.

“This has been an incredibly tough decision for the business: to make this choice or face taking the company into administration,” said a company spokesperson.

“This would have meant the loss of 3,000 jobs and the end of P&O Ferries.

“In making this hard choice, we have guaranteed the future viability of P&O Ferries, avoided large-scale and lengthy disruption, and secured Britain’s trading capacity.”

Transport secretary Grant Shapps told Parliament yesterday the operator was looking to “keep the employees quiet” and “behaving in a shameful and unacceptable way,” City reported today citing Sky News.

Shapps said the UK Government would carry out safety checks on P&O vessels, after union RMT accused the company of replacing crews with Indian workers paid £1.80 per hour.

The Maritime and Coastguard agency was instructed to inspect the ferries before allowing them to re-enter service to make sure the crews are “safe and properly trained.”

“If they are not, these ships will not sail,” Shapps told MPS “It is important that we do have the resilience to ensure that goods are able to flow but that cannot be done through crews who have not been properly trained to do the job to the highest of standards.”

Read more

Burnham has a chance to build trust in AI

Andy Burnham discussing AI advancements at a business conference podium with delegates in the background

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Transport & Infrastructure

Related Topics

  • Shipping

Trending Articles

  • Stop burying us in swollen corporate reports, says audit watchdog boss

  • Hargreaves Lansdown orders staff back to office

  •  Burnham to unveil new cost of living measures on UK tour

  • How Britain can stay clear of rivals as home of overseas sport club owners

  • Why the Loire Valley is about so much more than fairytale castles

More from Morning Wire

  • Burnham has a chance to build trust in AI

    Opinion
    Andy Burnham discussing AI advancements at a business conference podium with delegates in the background
  • Everton Friedkin Group owners inject £38m, reportedly to pay Burnley

    Sport Business
    Hill Dickinson Stadium exterior, Liverpool, with fans on steps, waterfront, and city skyline.
  • Magic circle Freshfields ousts equity partners amid US push

    Legal
    Freshfields office building exterior with modern architecture, reflecting a business environment and corporate professiona...
  • London workers most exposed to AI jobs cull

    Economics
    London skyline with modern skyscrapers and lush green foliage in foreground on a clear day, highlighting urban nature balance
  • How patient can the Bank of England be?

    AD
    Historic Royal Exchange building in London with modern skyscrapers behind, clear blue sky.
  • Fifa accused of bullying in attempt to kill off multi-billion class action claim

    Sport Business
    Getty Images news-related image depicting a significant event or person, suitable for general news and business contexts.
  • City watchdog suspends parts of £9bn motor finance scheme after industry backlash

    Banking
    The FCA has appointed Liam Coleman interim chair of the FOS.
  • Elite English firms face uphill battle in fierce New York market

    Legal
    Aerial view of New York City skyline featuring iconic skyscrapers and bustling streets
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook