Tuesday, 13 October 2009

Deal Done to Save Vauxhall Jobs

The Unite union say it has reached a deal with Magna, the proposed new owners of Vauxhall, to protect jobs at Ellesmere Port and Luton.

Unite said about 600 jobs would go, all through Voluntary redundancy .It had been feared that 1,200 of the 5,000 Vauxhall jobs in the UK could be cut.Magna declined to comment on the union's announcement.

Business Secretary Lord Mandelson said there still "some way to go "in agreeing the financing of the deal.

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