Partly Cloudy

Partly Cloudy

max temp: 15°C

min temp: 9°C

ESTD 1874 Search

Retail: Primark to start paying £5.4m in compensation after Rana Plaza collapse in Bangladesh

12:29 17 March 2014

Primark is to start paying compensation following the Rana Plaza building  collapse in Bangladesh last year.

Primark is to start paying compensation following the Rana Plaza building collapse in Bangladesh last year.

Primark is to begin paying nine million US dollars (£5.4mn) in long-term compensation to victims of the Rana Plaza factory collapse that killed more than 1,100 people in Bangladesh last April.


The high street clothing chain will make the payments to 580 workers or their families from the Primark supplier New Wave Bottoms who died or were injured as a result of the Rana Plaza building collapse. The firm occupied the second floor of the eight-storey building.

The retail chain, part of Associated British Foods, is also making a further payment of 1m US dollars (£602,000) to workers in its competitors’ supply chain. This money will be paid to the Rana Plaza Donors Trust Fund and is in addition to the 2m US dollars (£1.2m) which Primark has already distributed to these workers or their families.

Primark is one of the few brands to officially announce it has paid into the communal funding pot, which is being coordinated by UN agency the International Labour Organisation.

However, 11 months on from the building’s collapse this pot is believed to still be a long way short of its 40m US dollars (£24.1m) target.

A Primark spokesman said: “Within a week of the collapse, Primark committed to paying long-term compensation to the workers of Primark supplier, New Wave Bottoms, as quickly as possible. Since then, we have been working to enable the payments to be made.

“With the first anniversary of Rana Plaza fast approaching, we are determined to meet this responsibility to workers in our supply chain. We are therefore pleased to be in a position to now press ahead with payments.”

The Rana Plaza disaster has shone a spotlight on the need to improve safety standards in developing countries, and a number of international companies have since made pledges to improve operations and inspections at their supply chains.



Suffolk Yacht Harbour is celebrating the launch of its new workshop

An independent marina on the River Orwell is celebrating a major expansion.

Peter Osborne, General Manager, Brudenell Hotel, Aldeburgh.

A privately-owned hotel on Aldeburgh seafront is celebrating after it was awarded a coveted AA Silver Star Award for 2015.

Delegates from the ABP Marine Conference at ABP, Old Custom House, Port of Ipswich.

Some of best marine minds in the country were in Ipswich this week as harbour masters, dock masters and marine managers gathered for an annual conference.

DFS is celebrating record results.

Sofa chain DFS Furniture has hailed a record set of results as Britain’s buoyant housing market and growing consumer confidence boosted sales.

The Bank of England Monetary Policy Committee is expected to keep interest rates at 0.5%.

The Bank of England is expected to keep interest rates on hold today amid mounting concern over a slowdown in the economy.

Owner and head chef of Sweet P's, Pierre Rollins.

Soul food restaurant Sweet P’s is due to reopen next week after a devastating kitchen fire six months ago.

The new board members at employee-owned social enterprise Leadiing Lives who were elected at its AGM.

More than 50 jobs have been saved in Suffolk and north-west Essex following the closure of care support charity Crossroads Care East Anglia.

The Great House in Lavenham has been awarded three rossetts from the AA. Left to right, Martine and Regis Crepy, Enrique Bilbault, Swann Auffray, David Castro, Guillavme Dericq.

An award-winning Suffolk restaurant has officially been recognised as one of the best in the country.

George Bradley of Suffolk Secrets.

The belated arrival of settled weather in mid-September has helped to deliver an “Indian Summer” boost for Suffolk Secrets, one of the county’s leading holiday lets businesses.

Some of SABMiller's beer brands.

Brewing giant Anheuser-Busch InBev today unveiled another improved offer for rival SAB Miller.

Most read

Most commented

Topic pages