The trade implications. Scotlands only Oil Refinery is to close with a cost of 400 jobs the Unite Union calls it an act of industrial vandalism. And Credit Crunch why are so many Women Led bUsinesses cancelling Expansion Plans because they are unable to access finance . Well speak to one big bank trying to address that. Live from london, this is bUsiness today. Im mark lobel. The Aircraft Maker Boeing is awaiting news from its workforce on whether its accepted a four Year Pay Deal which could lead to a walkout of up to 33,000 workers. The deal 25 over four years has been backed by the workers iam union, but many employees are not happy with the terms. A result s expected very shortly and could lead to Strike Action in the coming hours. That would affect production of the companys 737 and 737 max aircraft. Heres our North America BUsiness correspondent ritika gupta. Breaking news on the subject. Boeing workers have voted to strike after rejecting a Pay Offer backed by their own union. T
Of Thousands Ofjobs for other programmes leaving the state. Our business correspondent, theo leggett, joins us now. As we heard, this is Notjust A grievance about rejecting a 25 pay rise, this is problem going back over 15 years, what is the history . We have seen in this vote which was absolutely emphatic, 96 of both pulled voted for the strike shows the depth of feeling between the workforce against management and how little trust there is between the workforce and bowing management. As you say, that does go back a long time because in past renegotiations of Contracts Bowing was in a strong position and it went into these negotiations threatening to remove production from the pacific Northwest Area and take it into other states. That went down very badly with Boeing Workers in the region who are to accept reduced terms and conditions including the removal of Pension Schemes and those resentments have remained. Over the past few years as well while boeing has been trying to mmp while
ON Wednesday, September 20 next week, the Black Business Growth Initiative (BBGI) will present the Black business community with an opportunity to come together and work together. Themed: "Black Business Growth Initiative Celebrating our Heritage, Carrying it into the Future, Building Legacies", the event will take place at the Personal…
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