Train maker Bombardier, which recently missed out on the £1.4bn Thameslink contract, has said it plans to cut more than 1,400 jobs at its Derby plant. Last month, the company lost out to German group Siemens as the preferred bidder to build 1,200 carriages for the route between Bedford and Brighton. Unions and opposition politicians have called for the government to review its decision to choose Siemens.
But Transport Secretary Philip Hammond said that this was not possible. The UK subsidiary of Canada's Bombardier said that there was not enough future work to keep its Derby facility, which employs 3,000 people, operating at current levels... read more
BBC Business News