Kilmarnock's Johnnie Walker factory to shut
1/7/09 By Lorraine Waddell
The site, run by Diageo will shut by the end of 2011, costing the local economy around 700 jobs, according to an announcement made to devastated employees at the site this morning.
Along with the
Meanwhile there will be £86million invested in their Fife packaging plant and £3million pumped into Shieldhall packaging plant in
Bryan Donaghey, Managing Director of Diageo Scotland, said: “These decisions have been extremely difficult to take. We have only reached them after an exhaustive review of all the possible alternatives.
"I am sorry for the impact this announcement will have on our employees and their families in Kilmarnock and Glasgow and the difficulty this will cause in Kilmarnock where we are a major employer."
BY NO MEANS COMPREHENSIVE - JUST A SNAPSHOT!:
http://news.bbc.co.uk/1/hi/business/7839361.stm
After 250 years, Waterford Wedgwood falls into administration
Royal Doulton factory. Photograph: Don McPhee
Waterford Wedgwood, the 250-year-old maker of luxury glassware and china, fell in administration today, putting 2,700 jobs in the UK and Ireland at risk.
The loss-making company, whose brands include Waterford crystal, Wedgwood and Royal Doulton fine bone china, Rosenthal porcelain and Spring premium cookware, ran out of time in its attempt to raise fresh capital.
Politicians on both sides of the Irish Sea warned that the collapse of the company had severe implications for communities where china and glass have been manufactured for generations. The mayor of Waterford said it would be a "national disaster" for Ireland if production at the crystal factory ceased.
www.guardian.co.uk/business/2009/jan/05/retail-recession
Dream on, Dumbed Down Brits!
“The Nationwide Consumer Confidence Index reached 58 during the month, the highest level since October last year and broadly in line with the level in June 2008.
The improvement was driven by a rise in people's confidence about the future state of the economy, with the group's expectations index reaching its highest level since the end of 2007.
Nationwide said it was the first time since the index began in 2004 that more people said they thought the economy would be better in six months' time than those who thought it would be worse.”
Oh well, that's OK then! It's all over - we're safe!
Business as usual - I DON'T THINK!
Unbelievable!!!!!
www.youtube.com/watch?v=ogxTQXAgY3Q