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Tesco say there are "no job losses"

A spokesman for Tesco said: "It’s wrong to say there are job losses – all the people at the three sites will be offered alternative roles at other Tesco sites. Plus, we are creating 2000 jobs at Reading and Dagenham.

"We will now have a period of consultation with colleagues and their representatives. We will do everything we can to support them at this time."

"We are opening two new distribution centres in Reading and Dagenham to create 1900 jobs in total."

150 jobs at risk at Telford company

More than 150 jobs are at risk at one of Shropshire's largest employers, GKN Land Systems.

The firm manufactures car chassis and frames and has confirmed that 153 temporary and permanent jobs are at risk fo being made redundant.

The job losses will not affect employees of GKN Wheels as they will come from the auto structure part of the business.

It comes after the firm which supplies for companies such as Ford, Toyota and Land Rover said it was facing a 'restructuring initiative' after losing some long-term contracts.

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250 jobs go at Midlands car-leasing firm

Nottingham AutoPark Credit: ITV Central

250 jobs are to go at a car-leasing firm in the Midlands.

Drive Assist, which is based in Tamworth, Staffordshire were placed into administration earlier.

259 employees were made redundant with immediate affect.

Activities at Millenium Motor Group Limited, which is based at Nottingham AutoPark, will be affected. They sell ex-fleet vehicles.

The administrators were appointed as a result of the companies experiencing "considerable working capital management issues" and subsequent cash flow problems.

"Regrettably, 259 employees have been made redundant with immediate effect. We will be working alongside all stakeholders to determine the most appropriate next steps for the benefit of all creditors."

Alastair Beveridge, Administrator

175 job losses at Caterpillar factory in Desford

175 job agency workers have lost their jobs at the Caterpillar factory in Leicestershire Credit: ITV Central

175 job agency workers have lost their jobs at the Caterpillar factory in Leicestershire according to union Unite.

Caterpillar, which makes machinery for the construction industry and has an assembly plant in Desford, blamed economic problems in the Eurozone and the United States for the job losses.

A spokesman from the company says a voluntary redundancy program has been launched.

"These actions have been shared with our employees and agencies that provide workers for our operations. In the near term, we expect these actions will decrease our workforce at Caterpillar Desford, although we do not have specific figures to share at this time." - Caterpillar Spokesperson

Caterpillar say they are expecting more job losses after a fall in demand. Credit: ITV Central

The news comes just two years after Caterpillar created 300 jobs in response to an increase in global demand.