Shipbuilding at the historic yard in Portsmouth is to end, Sky sources have learned. Defence giant BAE systems (LSE: BA.L - news) is expected to make an announcement that the yard will no longer build ships, marking an end to the 800-year shipbuilding tradition in the city, as early as today. It is also expected to announce it will consult on the loss of 1,775 jobs, including 940 in Portsmouth ...
Shipbuilding at the historic yard in Portsmouth is to end, Sky sources have learned. Defence giant BAE systems (LSE: BA.L - news) is expected to make an announcement that the yard will no longer build ships, marking an end to the 800-year shipbuilding tradition in the city, as early as today. It is also expected to announce it will consult on the loss of 1,775 jobs, including 940 in Portsmouth ...
