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Jobs - Subsidising Them In

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They subsidise them in then they globalise them out......................

Jobs boost for Valleys blackspot

Friday, 12 October, 2001, 19:42 GMT 20:42 UK

First Minister Rhodri Morgan visited two expanding employers in the Ebbw Vale area on Friday.

One manufacturer, Continental Teves, is set to create 116 new jobs in Ebbw Vale over the next four years, and safeguard a further 160 as part of an £18m investment programme supported by the Welsh Assembly.

Hundreds of motor firm jobs shed

Monday, 15 May 2006, 15:36 GMT 16:36 UK

One of Blaenau Gwent's biggest employers has announced that it is shedding up to 350 jobs - in addition to 70 cuts already announced.

Continental Teves which makes brake calipers for the motor industry is switching production to Slovakia.

The German-owned company said low-volume production for manufacturers like Porsche and Aston Martin will remain in Ebbw Vale.

This will mean a total of 120 jobs will remain in the area.

Most of the work is going to Slovakia, where the company opened a plant three months ago.

Edited by gruffydd

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Spot the difference.

One housing and debt boom later the economy is back in the crapper.

Round of applause for the govt, BOE and the banks.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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