Dec
2008
Articles from 12th Dec 2008
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£9bn plan rejected
Dec 12 2008 | Business News
A £9bn emergency rescue package for the big three US car manufacturers collapsed today after unions refused to accept Republican demands for swift pay cuts to bring their salaries in line with Japanese car makers. Read
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Electronics firm secures jobs after winning £500k of work
Dec 12 2008 | Business News
A TEESSIDE electronics firm has won £500,000 worth of work which will help to secure 160 jobs in 2009. Read
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Two-year delay for carriers
Dec 12 2008 | Business News
THE Royal Navy’s two new aircraft carriers are likely to be delayed by up to two years following a cash-saving review of Ministry of Defence equipment spending. Read
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£236,000 grant will help butcher expand
Dec 12 2008 | Business News
CHRISTMAS has come early for a County Durham catering butchery business after it won a grant for an expansion that will create new supply opportunities for farmers. Read
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BAE may yet get work
Dec 12 2008 | Business News
A DELAY to a £16bn defence programme to build new military vehicles could turn out to be good news for the BAE Systems factory in Newcastle – though there is said to be a short-term risk of job losses. Read
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Up to 14 legal jobs at risk
Dec 12 2008 | Business News
WATSON Burton has become the latest North East law firm to announce that jobs are under threat. Read
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North vehicle trackers to be sold across India
Dec 12 2008 | Business News
A SCIENTIST whose invention saved him from a speeding ticket and a campaigner for motorists’ rights have joined forces to commercialise a new tracking system which will now be sold across India. Read
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‘Unusual’ proposals in bid to save steel jobs
Dec 12 2008 | Business News
STEEL bosses may ask the Government to pay a proportion of staff wages as one of a number of “unusual” schemes being considered to prevent widespread job losses in the industry. Read
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Pressures on prices expected to soften
Dec 12 2008 | Business News
BRITONS are looking to softer price pressures next year after a Bank of England survey showed a record fall in inflation expectations. Read
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Manufacturers are braced for worst
Dec 12 2008 | Business News
MANUFACTURERS have recorded their fears at the deepening economic downturn with a prediction of the biggest slump in output since 1980. Read
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Eaga on track to increase profits by 25% to £47m
Dec 12 2008 | Business News
ONE of the region’s most successful listed companies is expected to have a New Year cash pile of £25m to fund acquisitions, as it reported further strong overall growth for the last six months. Read
