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Wood Group offshore workers launch 48-hour strike in row over pay
RMT general secretary Eddie Dempsey said: “Our members are not asking for special treatment or unreasonable improvements. “They are standing up to defend the terms and conditions they already have. “Strike action is always a last resort, but our members have clearly shown that they are prepared to stand together to defend their livelihoods and…
European firms unite in bid to rival SpaceX
Key European aerospace firms have agreed to pool their space operations into a single business in a bid to compete in the rapidly developing space industry against rivals including SpaceX. Pitched as a ‘European Space Champion’, the new company will be headquartered in Toulouse, employ around 25,000 people and have an annual turnover of €6.5bn…
Jaguar Land Rover posts heavy loss after cyber-attack
Jaguar Land Rover has reported a heavy loss for the three months to the end of September, a period during which it was badly affected by the impact of a serious cyber-attack. The carmaker posted a £485m loss – before tax and exceptional items – compared with a profit of £398m for the same period…
