Job loss prediction is ‘mad’, claims BAe

BAe systems has dismissed reports of 4,000 job losses at
the company as “mad speculation”.

The aeronautical engineering firm denied it was closing
the plant in Brough, on Humberside, which manufactures Hawk aircraft.

“There will be a reduction in head count, but it’s too
early to say which sites will be affected,” said a spokesman for BAe.

“Although orders for Hawk jets have been lumpy, we have at
least 200 orders for the jets over the next six to eight years.”

The speculation followed BAe’s announcement that it’s
taking exceptional charges of £525m to cover losses incurred during its Nimrod
programme and reduced orders for the Hawk.

By Karen Higginbottom

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