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Source ITN Business secretary Lord Mandelson has pledged the Government's support in a deal to buy out struggling vanmaker Vauxhall. Lord Mandelson toured the company's Luton plant, meeting union officials and management as negotiations continued with potential buyers of its parent company. He said the Government would underwrite a deal for the sale of GM Europe, which includes Vauxhall in the UK and Opel in Germany, but refused to be drawn on what figures a deal would involve. He said: "I have seen the performance record, I have seen the productivity, I have seen the safety and the lack of absenteeism. "Unlike in the past when we saw Britain's carmakers and their... [read full story]
It's a little-known - and slightly ironic - fact that when Lehman Brothers exploded last year it did so as the proud owner of 500,000 pounds of yellowcake uranium: enough to make a nuclear bomb. Uranium’s appeal was as a...
On Friday, 27th of November Polish anarchist society in London together with London branch of IWW trade union is organising a solidarity demonstration with sacked union stewards from Cegielski plant in Poznan, against the...
BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble pressed General Motors on Sunday to shed light on its plans for Opel and said the U.S. group had a responsibility for workers at its European unit. A GM executive...
BlackRock, one of the world’s largest fund managers, is set to invest £20m into the UK’s fastest growing independent hospital operator. Health Investment Holdings Group (HIHL) runs hospitals through a partnership between the...
