• Text size      
  • Send this article to a friend
  • Print this article

BAE merger failure sparks fears for jobs

The long-term future of thousands of Scottish-based defence workers has been thrown into doubt following the spectacular collapse of a £30 billion proposed merger involving the UK's largest defence contractor.

Fears emerged after the planned tie-up between BAE Systems and its European rival EADS was called off, with Germany being blamed for the breakdown of negotiations.

Former Labour Defence Secretary Lord Reid of Cardowan blamed a "failure of politics" and his party called on the UK Government to hold urgent talks on the future of the defence industry.

Contextual targeting label: 
Local government

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.