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Workers across France strike over budget cut plans
Hundreds of thousands of workers have taken take part in strike action across France on Thursday, after trade unions called for a day of protests against budget cuts. Organisers said one million people turned out, while the interior ministry put that number at 500,000, with 80,000 police officers deployed. Scuffles were reported in the cities…
Port Talbot to become offshore wind hub for Celtic Sea
She added that clean steelmaking, the development of the Celtic Freeport and the expansion of floating offshore wind meant Port Talbot was firmly at the heart of south Wales’s growing clean energy economy, supporting thousands of new, high-quality jobs and helping deliver Britain’s clean power mission.
Volkswagen board approves plan to cut another 50,000 jobs
The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of the biggest restructuring in the group’s almost nine-decade history. It brings the total number of roles the carmaker plans to shed by 2030 to 100,000, after announcing in March that it would cut 50,000 roles. The…
Sunak rejects claims Covid loan scheme open to excessive fraud
The former chancellor Rishi Sunak has defended his pandemic-era Bounce Back Loan scheme against accusations that it was subject to excessive levels of fraud. He said he was aware of the risks, but given the need for speed, he would do the same again. Bounce back loans (BBLs) offered small businesses up to £50,000 with…
