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Prosecutors to probe former VW boss

Posted by Warren Fyfe on September 28, 2015 in Warren Fyfe Site

Image copyright Getty Images German prosecutors have begun an investigation against former Volkswagen chief executive Martin Winterkorn. The probe will look at “allegations of fraud in the sale of cars with manipulated emissions data”, the prosecutor’s office said. Mr Winterkorn quit last week after almost nine years at the helm of VW, saying he had [...]

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1,700 jobs go as steel plant mothballed

Posted by Warren Fyfe on September 28, 2015 in Warren Fyfe Site

Image copyright PA Image caption Production at the plant was paused on 18 September Iron and steelmaking at SSI’s plant in the north-east of England is to be mothballed, with the loss of 1,700 jobs. Production at the Redcar plant was paused on 18 September with the company citing poor steel trading conditions and a [...]

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McDonnell: Another world is possible

Posted by Warren Fyfe on September 28, 2015 in Warren Fyfe Site

Labour can show that “another world is possible” by rejecting austerity while also “living within our means”, Shadow Chancellor John McDonnell has said. He told activists that his goal was to change the “economic discourse” in the country and secure “dynamic growth”. A Labour government would reverse cuts to tax credits and ensure firms paid [...]

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