Defence giant BAE has dropped plans, put forward 15 months ago, to invest around £200 million building a world class "frigate factory" at Scotstoun - one of its two naval shipyards on the Clyde.
THE Ministry of Defence has been called upon to act following claims that shipbuilders at Rosyth are losing their jobs while migrant workers are being taken on to do longer hours for less pay.
BAE Systems has said it could sell parts of its US-based intelligence and security operation after receiving a number of enquiries from potential buyers.
London's FTSE 100 Index failed to build on a new record high today, despite another batch of largely upbeat corporate results.
UNIVERSITIES are investing millions of pounds in arms companies, new figures show.