Jun
2009
Articles from 3rd Jun 2009
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Five days to save LDV and 7,000 jobs
Jun 03 2009 | Automotive Business
LDV bosses have just five days to save up to 7,000 UK jobs after Weststar refused to pump in more cash to prop up the Birmingham van-maker following around £2 million worth of investment. Read
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Business, political and union reaction to LDV blow
Jun 03 2009 | Automotive Business
Automotive expert Howard Wheeldon, senior strategist at BGC Partners, said: “As a Birmingham-born man and having known the Washwood Heath site of LDV for many a decade I am obviously saddened at the prospect of the final demise of LDV. Read
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Administrators called in as LDV's last-ditch rescue deal fails
Jun 03 2009 | Automotive Business
The future of cash-stricken van maker LDV looks bleak after a last-ditch rescue deal was called off due to lack of funds. Read
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Ryanair plunges £145.9 million in the red
Jun 03 2009 | Automotive Business
Low cost airline Ryanair has dived into the red by £145.9 million in the year to March after being hit with a 59 per cent hike in its fuel bill. Read
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BP closes door to its final salary pension scheme
Jun 03 2009 | Automotive Business
Oil giant BP has become the latest firm to close its final salary pension scheme to new members. Read
