British Gas is creating 1,000 new jobs. British Gas are trebling their recruitment of apprentice gas engineers. The apprentices will spend 18 months training at one of five academies around the country and work towards a NVQ Level 3 certificate and the Gold Duke of Edinburgh Award.
British Gas is also keen to increase its number of women engineers. Visit www.britishgasacademy.co.uk for more information.
A government agreement between local authorities in Hampshire is hoped to create 15,000 jobs. The agreement will include building a rapid bus link between Gosport and Fareham, a new road linking Southampton Airport and a new ’strategic employment zone’ in Eastleigh.
The number of homes being built in England is at its lowest since the mid 90’s, the number of homes being built has fallen by 15% over the past two years to 156,000. For ministers to hit their targets by 2020 a whopping 240,000 have to be build every year, based on this years home build rate the Government will miss their target by 1 million homes.
New home builders are worried that homes will remain unsold, the real drop in demand is being driven by a major shortage of competitive mortgage deals. The biggest fall in property development has been in the North West and London where house builds have dropped by around 30%. Industry experts are warning that up to 100,000 jobs could go, this week alone 5,000 job cuts were announced, even this figure under estimates the impact due to the high number of casual workers in the construction sector.
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Housebuilder Barratt Developments plans to axe 1,000 jobs as it struggles with a slowing housing market. This comes two days after Taylor Wimpey announced is was to cut 900 jobs and close 13 offices.
There has also been a number of other firms in the construction industry making job cuts. Ballymore, the residential and commercial devloper has said it will be cutting more than 50 jobs and Galliford Try, the construction group, is axing 256 jobs in its housebuilding division.
Barratt has been under pressure since the the takeover of rival Wilson Bowden last year and this has worsend as the housing market has been hit hard by the credit crunch. It is currently burdened with around £1.7bn debt from the acquisition and under the reorganisation plans it will merge eight of its offices into four.
The Ministry of Defence has finally approved the construction of two new Royal Navy aircraft carriers. It is news that the shipping industry was waiting to desperately to hear. The contracts will secure over 10,000 jobs in the UK and will create even more with initial estimates at around 1,000. Great news for the shipyards.
