RMT helpline 0800 376 3706 :: january 2013 :: RMTnews 12 Not only have London-based transnational financial services wrecked the UK economy but the jobs market as well by pushing for cheap labour entryi. Supplying and using cheap labour is very profitable, and labour entry is also being traded for investment opportunities overseas via European Union international trade deals. Successive UK governments have accommodated and implemented thisii and minor political parties have colludediii with them. For UK resident workers it has meant downward pressure on wages and working conditions and unemployment. The structures facilitating this process, both EU internal free movement and EU international trade commitments which include cross-border movement of workersiv, have no reverse gear. Effectively unlimited globalised labour supply is tipping the capital/worker balance of power in favour of business, destroying workers’ power to fight back. Workers in many sectors are negatively affected by EU ‘free movement of labour’ and free movement of services allows EU firms with UK contracts to bring their own workers from within, or even outside of, the EU. RMT’s maritime members are being dumped as Condor Ferries replace UK ratings with a non- EU Ukrainian workforce. Without protection, this sector has been particularly vulnerable. The UK Points Based System (PBS), for bringing in workers from outside of the EU, is a similar deal with different labels. Despite the Coalition’s supposed ‘cap’, key PBS categories, transnational firms’ ‘Intracorporate Transferees’ (ICTs) and foreign students (actually a major labour entry pathway without exit monitoring) lack numerical limits. Without protection, the future for UK resident workers is bleak. The EU is expanding to include progressively cheaper labour countries. Croatia (18 per cent unemployment) is now an accession candidate and trade agreements with states to the STOPPING SOCIAL DUMPING Researcher Linda Kaucher explains how a Resident Labour Market Test (RLMT) would halt the explosion of social dumping that is eroding job opportunities for RMT members