BMW to shed 850 jobs at Mini plantSource : FT
On that same day Gordon announced full confidence in Glen Moreno, his appointed chairman of UK Financial Investment Ltd, the government’s bank holding company. Moreno quit that afternoon.
The next day was Friday the thirteenth, truly ominous. He travelled to visit Tata’s Corus Steel plant in the Midlands. This morning the Indian Times reports
Mr B Muthuraman MD of TATA Steel is targeting to save about GBP 600 million this year from production cuts at its UK subsidiary Corus. Mr Muthuraman added that “Corus has cut production … initiated several short term measures in terms of cost reduction”
The accursed one-eyed son of the manse continues to desolate the land…