23 August, Friday, 2024
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HomeEconomyJobs at risk as new train orders hit the buffers

Jobs at risk as new train orders hit the buffers

Britain’s four rolling stock companies are set to be left with little or no work by the end of next year because of the government’s failure to order any new main line trains for almost four years.

The situation could threaten thousands of jobs, lose talent from the country’s 30,000-strong manufacturing base and dislocate a supply chain that includes thousands of small businesses, according to a report by the Railway Industry Association.

The news comes after revelations in The Times that the delay in the delivery of trains for HS2 means that Alstom, Britain’s largest rolling stock manufacturer, employing 2,000 people, will be without any work in the new year.

The lack of new orders is also threatening the future of Britain’s three other rolling

© Times Media Limited 2023.

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