Bombardier loses contract

Derby-based company Bombardier has lost out on the £1.6bn Thameslink contract to Siemens putting more jobs under threat.

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Reports: Bombardier loses out on £1.6bn contract

Bombardier was forced to cut 1,400 jobs in 2011
Bombardier was forced to cut 1,400 jobs in 2011 Credit: Matthias Hiekel/DPA/Press Association Images

There are reports that Derby-based company Bombardier has lost out on the £1.6bn Thameslink contract putting jobs under threat.

Around 1,400 jobs have already been lost since German firm Siemens was originally announced as the preferred bidder to provide the 1,200 carriages two years ago.