As feared, this morning Electrolux issued a press release announcing the closure of its Spennymoor plant, which currently has about 500 staff.
It's telling that Electrolux put this UK plant under review, but didn't do the same to plants which were suffering greater losses in northern Europe. Could this be because of it's so much cheaper and easier and sack people here?
What an indictment for the neoliberal free-market madness pursued by Blair & Brown. The Spennymoor plant is in Blair's old constituency.
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