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Jaguar To Close One Of It's Uk Plants

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Jaguar to shut one Midlands plant

Jaguar Land Rover

Tata bought Jaguar Land Rover from Ford in 2008

Jaguar Land Rover has said it will close one of its plants in the West Midlands after 2014.

The firm is considering the closure of either its Castle Bromwich plant in Birmingham or its factory in Solihull.

There will be no job losses in the short term because of an agreement between unions and the company, which is owned by Indian giant Tata.

BBC chief economics correspondent Hugh Pym said Jaguar Land Rover was seeking to consolidate its operations.

It currently employs 14,500 people.

Although one plant will close, about 800 new jobs will be created at its Halewood plant on Merseyside.

Last month, Tata announced that it had secured private funding for Jaguar Land Rover and would not need government support.

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BBC Link

Jaguar to shut one Midlands plant

Jaguar Land Rover

Tata bought Jaguar Land Rover from Ford in 2008

Jaguar Land Rover has said it will close one of its plants in the West Midlands after 2014.

The firm is considering the closure of either its Castle Bromwich plant in Birmingham or its factory in Solihull.

There will be no job losses in the short term because of an agreement between unions and the company, which is owned by Indian giant Tata.

BBC chief economics correspondent Hugh Pym said Jaguar Land Rover was seeking to consolidate its operations.

It currently employs 14,500 people.

Although one plant will close, about 800 new jobs will be created at its Halewood plant on Merseyside.

Last month, Tata announced that it had secured private funding for Jaguar Land Rover and would not need government support.

2014 we will back to the good time surely?

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2014 we will back to the good time surely?

keep on dreaming this is going to go on for years, everybody is worrying about the value of their houses but now they will start to realise this is a lot bigger than property prices, 25% of people can not meet their monthly outgoings ie mortgage, gas, leccy, food bills this is now about survival, brown and his cronies are demolishing the value of the pound and as we are a major importer of these goods bills are only going to get bigger and bigger just to keep the house prices high whats the point if more and more people can not afford to live in them, brown should slash property prices by 50% from peak so normal working class people can afford to buy them if not this country is finished and yes i do own my own property admittedly i bought in the 90's so 50% off i would not notice it as i have never had the cash in the bank just like 75% of people, yes some are going to get hurt if this were to happen but its the gamble you take its better to sacrifice the minority to save the majority, just an idea if the brown forced the banks to help people who bought their initial home after 2001 by not charging them any interest for the remaining term of their mortgage then the people who bought after 2001 would reduce their losses and the banks would eventually get back the capital they lent out, this should only apply to people who took out their first ever mortgage not B.T.L er's / upgrader's / MEW'd etc as they had their chance at buying a reasonably priced property and messed it up by getting greedy

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