Bombardier announces plan to sell 4,000-job Northern Ireland business on morning of local council elections May 2, 2019 Canadian aircraft manufacturer Bombardier is gearing up to sell its Belfast business, it revealed this morning. Read more: Bombardier slashes hundreds of Belfast jobs The firm, which employs about 4,000 people in Northern Ireland, said it will consolidate its aerospace assets into one division focusing on its operations in the US, Canada and Mexico, and [...]
Beefeaters suspend strike action at Tower of London and Hampton Court Palace January 7, 2019 A planned strike by staff at the Tower of London and Hampton Court Palace has been suspended following an offer of further talks from Historic Royal Palaces. The planned walkout by members of the Public and Commercial Services and GMB unions was set to take place tomorrow as part of an ongoing dispute over pensions. [...]
Government enters funding talks with EDF over Sizewell C nuclear plant December 14, 2020 The government has today confirmed that it has entered talks with EDF over funding options for the Sizewell C nuclear power station in Suffolk. The announcement, which came as ministers unveiled the long-awaited energy white paper, could see the government take a financial stake in the project. It comes after months of uncertainty regarding the [...]
Government set to announce new hydrogen bus town trial June 24, 2020 The government is set to announce plans for the UK’s first hydrogen bus only town, transport secretary Grant Shapps revealed today. In February ministers unveiled a £50m fund for local authorities to apply to become the country’s first all-electric bus town as part of £170m in new funding for buses. Speaking to the transport select [...]
British Airways owner IAG sees shares plummet after job cuts announcement April 29, 2020 Shares in British Airways owner IAG plunged this morning after it yesterday announced that it could cut up to 12,000 jobs at the UK flag carrier. As markets opened, shares in the airlines group dropped nearly seven per cent, in another blow to the firm’s already decimated market cap. The firm said that the unprecedented [...]
HS2 construction work set to begin despite coronavirus lockdown April 15, 2020 Construction work on controversial rail project HS2 has been given the green light to begin despite the current coronavirus lockdown restrictions. The high speed rail link was approved by Prime Minister Boris Johnson in February after uncertainty about whether it would go ahead at all. Work on the four work packages, which involve many of [...]
British Steel falls into insolvency after government bailout talks fail, in ‘devastating’ blow for 5,000 workers May 22, 2019 British Steel has collapsed into insolvency after the last week of attempts to lobby the government for a £75m cash injection failed. Read more: Troubled British Steel braces for insolvency in last-ditch loan talks The industrial giant – which employs 5,000 people – has been asking the government for an emergency loan designed to save [...]
Defence giant Babcock lays off 150 people at Scotland shipbuilding yard February 7, 2019 Shipbuilder Babcock has announced a further 150 job losses at its shipyard in Rosyth, where work continues on the second of two aircraft carriers for the Royal Navy. The firm’s shares were down 3.52 per cent on the news, which adds to a miserable last few months for investors in the defence contracting giant. Read [...]
Angry Beefeaters: Historic Royal Palaces staff may take to the picket lines after losing pension scheme November 29, 2018 Beefeaters from the Tower of London will vote tomorrow on whether to strike for the first time in more than 50 years in a row over pension cuts. The iconic guards, as well as Jewel House Wardens and other employees of Historic Royal Palaces (HRP) are set to lose their defined benefit pension schemes, and [...]
Beefeaters strike at London landmarks over pension dispute December 21, 2018 Staff from Hampton Court palace, Kensington Palace and the Tower of London today staged a walk-out over changes to their pension scheme. Workers formed picket lines at the famous tourist sites in the first of a series of strikes organised by the GMB Union and Public and Commercial Services union (PCS). The strikes follow an [...]