Plans to build one of the world’s largest renewable energy plants on Teesside were announced today. MGT Power wants a £400m facility on land next to the main southern dock at Teesport, creating up to 150 jobs.
The firm said the site would burn 2.4m tonnes of sustainable wood chip per year, producing power for about 600,000 homes on the national grid. It is now seeking permits and planning permission for the scheme and hopes to have the plant open by 2012.
The continued success and globalisation of Asian industry has brought or even maintained employment across the UK. It is estimated that Indian businesses have created some 19,000 new jobs in Britain over the last year. This figure does not include the 14,000 jobs that were saved at Jaguar and Land Rover when the Indian engineering firm Tata Motors acquired them.
It has been reported by the the Bristol Evening Post that hundreds of jobs wil be created in Bristol after an aircraft company announced it had secured new orders.
Aircraft manufacturer Airbus UK will need up to 400 new people at its plants in Filton and Easter Compton following a deal with GKN to produce new airplane parts.
Prince Charles is taking his Duchy Originals brand to America and India in an effort to promote organic foods globally and aid farming communities across the world. The organic food market is growing at a rate of 20% year and Duchy aims to achieve a rate of 30% a year. It will result in annual turnover quadrupling to £200m.
Primark, the highly successful retailer currently bucking the trend on the high street, is showering itself in praise having ended its relationships with three factories in India accused of being sweatshops. The question remains as to whether they are still using further “like minded” factories employing cheap labour in other areas of India.
