P&O offers over €42 million in compensation to sacked staff

Signs erected near the Houses of Parliament, in Westminster, in protest against the decision by P&O Ferries to sack nearly 800 of its staff (Kirsty O’Connor/PA)

P&O Ferries has announced it is offering over £36 million (€42.9m) in compensation to sacked staff, with 40 employees in line for packets of more than £100,000 (€119,000).

It comes after nearly 800 workers were fired without notice last week, sparking backlash from across the political spectrum.