BGN Entrepreneur

According to the second biggest employer in Loughborough after the university—AstraZeneca, its drugs research center near Loughbourough in Leicestershir, is to close with the loss of up to 1200 jobs as part of it 8000 worldwide job cuts announced in Feburary.
The site will shut next year. The employees in the research center are offered the [...]

400 jobs could be saved as UK’s third largest driving school–the RED Driving School has been saved from the clutches of administrators by a last-ditch takeover by a private equity group.
The Private equity firm Kelso Place bought out LVG, which owns RED Driving School and RED Instructor Training, and announced that it had no plans [...]

Borders, the book chain, has closed after 12 years of trading, with the loss of 1100 jobs. At the group’s 45 Borders and Books Etc stores, customers had been picking over cut-price titles since MCR, the administrator, began a closing-down sale.
Borders went into administration in November after internet competition had put the business under pressure. [...]

It is unfortunate that due to the economic climate and difficult trading condition, a significant number of resturants were loss-making.
These days, more than 200 jobs were lost as administrators for the struggling Tootsies resturant chain just announced last night that they had closed ten eateries. BDO was appointed to oversee the chain, which includes Dexters [...]

Under plans, which are called by the unions as ‘a political stitch up’, nearly 31% of workers of Vauxhall, which is about 1375, are to be cut by the car-maker’s new owners.
According to the figures leaked yesterday, it is indiated that the job cuts at Vauxhall’s Ellesmere Port and Luton factories will be at [...]

There is great risk of increased crime and disorder as a result of the effect of recession.
However, large amount of police forces are planning to cut thousands of officers as a result of the latest grant and council tax settlements, in spite of the threat of a recession-driven surge in crime and disorder. Representatives from [...]

Facing a severe downturn in advertising, Five is now planning for a dramatic cuts. This move would possibly up to a third of its current 270 employee. Five wants to protect its peak-time schedule, forcing the channel to make draconian savings on its wage bill through this job cuts.
It’s predicted that the channel’s turnover of [...]