No Labour Court bid to end bus dispute

Bus Éireann and its unions are no closer to resolving how to find essential cost savings at the company after the Labour Court refused to intervene in the dispute.

Today the company’s acting chief executive, Ray Hernan, will tell members of the Oireachtas Transport Committee that anticipated losses of up to €9m in 2016 will mean its total reserves will be depleted to €7m, “less than one year’s reserves at the current run rate of losses”.

“To do nothing would mean all of the company, not just Expressway, will go out of business and, as a consequence, all jobs will be lost,” he will tell the committee.