Archive for December 19th, 2008
Corus pay cuts
Staff at two of Corus’ main UK plants have agreed to see their pay cut by as much as 11.5% as a result of a reduction in shift premiums.
The move will affect 1,000 workers at the firm’s Scunthorpe steelworks, and 400 at its facility on Teesside.
Corus said that while basic wages were unaffected, staff [...]
Posted: December 19th, 2008 under Steel, Steel News.
Comments: none
Jaguar Landrover, Tata and a possible “bail out”
As a committed believer in the importance of manufacturing in the UK, and someone who has been involved for many years in the supply of steel to the auto industry, I find myself in a quandary over this.
It is being widely reported that Tata (the owners of the car group), are in talks with the [...]
Posted: December 19th, 2008 under Manufacturing News, Steel Comment.
Comments: 1