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Nov 11, 2019
11/19
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colletta smith in scunthorpe, in scunthorpe. colletta smith in scu nthorpe, thank you in scunthorpe. colletta smith in scunthorpe, thank you very much. the uk economy recovered in the third quarter of the year, growing by 0.3% to reverse a contraction earlier in the year. but the growth was modest and the figures showed economy has slowed to its lowest rate in almost a decade. here's our economics correspondent andy verity. in peterborough, this is the biggest tyre distribution centre in the country. it is the sort of service business which does well when consumers are not ready to invest in a new car but are ready to buy new tires to keep the old motor going. in the third quarter of the year, that pattern was repeated across the economy. business in services picking up but weak investment not helped by brexit uncertainty. picking up but weak investment not helped by brexit uncertaintym makes it difficult to plan for the future in terms of our cost base and what selling price we need to make the money that the company needs to r
colletta smith in scunthorpe, in scunthorpe. colletta smith in scu nthorpe, thank you in scunthorpe. colletta smith in scunthorpe, thank you very much. the uk economy recovered in the third quarter of the year, growing by 0.3% to reverse a contraction earlier in the year. but the growth was modest and the figures showed economy has slowed to its lowest rate in almost a decade. here's our economics correspondent andy verity. in peterborough, this is the biggest tyre distribution centre in the...
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Aug 16, 2019
08/19
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british steel employs around 11,500 workers, the vast majority here at scunthorpe. another 800 on teesside. 20,000 jobs in the supply chain also depend on it. steel production in an industry that's been feeling the heat. this loss—making business was bought by greybull capital for a pound three years ago, but it collapsed. the government's official receiver took control and the search for a buyer began. ataer, the investment arm of turkey's military pension fund, has now clinched a provisional deal. sources told the bbc it was the best offer, saving morejobs. the next stage of the process from our perspective is we now expect ataer to engage with us, present their plans for proper scrutiny. right from the beginning we've always said that this business needs to be kept together. the long—term future of steel—making in scunthorpe needs to be secured, and there needs to be an investment plan which takes the business forward and secures steel—making in scunthorpe and the north—east of england for generations to come. there is some way to go though before this
british steel employs around 11,500 workers, the vast majority here at scunthorpe. another 800 on teesside. 20,000 jobs in the supply chain also depend on it. steel production in an industry that's been feeling the heat. this loss—making business was bought by greybull capital for a pound three years ago, but it collapsed. the government's official receiver took control and the search for a buyer began. ataer, the investment arm of turkey's military pension fund, has now clinched a...
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May 21, 2019
05/19
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in a moment we'll talk to coletta smith at british steel in scunthorpe but first let's get the latest from our business correspondent emma simpson jamie oliver's restaurant chain, what's gone wrong? his restaurant business has been struggling for quite a long time. it also —— almost went bankrupt a few years ago and he ploughed in £13 million of his own money to keep it going. they did a restructuring last year, 12 outlets closed, the loss of some 600 jobs and they brought in a new management tea m and they brought in a new management team and new funding but it seems that wasn't enough to turn things around. we know some 25 outlets are affected, the vast majority of them atjamie's affected, the vast majority of them at jamie's italian, the affected, the vast majority of them atjamie's italian, the chain he started back in 2008. we are waiting ona started back in 2008. we are waiting on a statement from the administrators but we know this affects some 1300 jobs. jamie oliver has been speaking on twitter this morning saying i appreciate how difficult this is for everyone affected.
in a moment we'll talk to coletta smith at british steel in scunthorpe but first let's get the latest from our business correspondent emma simpson jamie oliver's restaurant chain, what's gone wrong? his restaurant business has been struggling for quite a long time. it also —— almost went bankrupt a few years ago and he ploughed in £13 million of his own money to keep it going. they did a restructuring last year, 12 outlets closed, the loss of some 600 jobs and they brought in a new...
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Jul 25, 2019
07/19
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good solution for british steel at scu nthorpe and elsewhere. good solution for british steel at scunthorpe and elsewhere. the north—east children and young people will be off school today, they may well be watching this spectacle but forgive me for not encouraging them to have faith in the prime minister's bluster and warm words because the factors that are no—deal brexit put at risk our 63% of exports to the eu and therefore theirfamiliesjobs. exports to the eu and therefore their families jobs. i hope that the children in her constituency, that she describes, will be able to learn from watching these proceedings that they will get more funding for their schools! 4000 people in primary schools! 4000 people in primary schools! 5000 per pupil in secondary schools! 5000 per pupil in secondary schools! that will be welcome news for them all. the vast majority of people in my constituency who voted to leave welcome the determination of the promised to deliver brexit. beyond that, we welcome extra police numbers because we share the concern about rising crime but when can we know the number
good solution for british steel at scu nthorpe and elsewhere. good solution for british steel at scunthorpe and elsewhere. the north—east children and young people will be off school today, they may well be watching this spectacle but forgive me for not encouraging them to have faith in the prime minister's bluster and warm words because the factors that are no—deal brexit put at risk our 63% of exports to the eu and therefore theirfamiliesjobs. exports to the eu and therefore their...