Closure threats to Annesley-Bentinck-Newstead complex
February 1984
The NCB threatened the closure of the Annesley-Bentinck-Newstead complex in February 1984 because of losses of £9.4 million at Newstead Colliery and £6.8 million at Bentinck Colliery in the nine-months of the financial year 1983-84.
The NCB agreed to give the three pit complex 18 months to break even or become profitable. An agreed action plan between the NCB South Nottinghamshire Area, the Nottingham Area of the NUM and the three NUM branches, was for a reduction in machine production shifts from 27 to 22, the abandonment of Bentinck coal reserves under areas of high subsidence risk and a reduction in the workforce from the present 3,390 to around 3,840. The latter would be achieved by offering voluntary redundancy to all miners over 55 in the complex with a need to probably bring this down to all miners aged over 50.