BAE Systems is planning to cut almost 2,000 jobs in its military, maritime and intelligence services under moves to streamline its business and have a "sharper" competitive edge, the defence giant has announced.
Seven hundred and fifty of the jobs will be cut at the firm's Lancashire sites in Warton and Samlesbury where the Typhoon fighter jet is built.
- Here's a simple breakdown of what areas across the country will be affected.
Police are appealing for witnesses after a 28 year old man died in a head on collision in Warton.
It happened at around 9pm on Monday the 5th of May when a Citroen Saxo and a Mercedes Benz collided on Lytham Road. The driver of the Saxo, named as Eric Sanders from Blackpool, died at the scene.
The driver of the Mercedes Benz, a 24 year old man from Preston, and the 24 year old woman, also from Preston, were taken to Royal Preston Hospital with lower back fractures, where they currently remain.
The road was closed for six hours to allow collision investigators to carry out their work.
“This is a tragic incident where a man has lost his life and two others have suffered serious injuries.
“An investigation into the circumstances surrounding this collision is now underway.
“I would appeal to anybody who witnessed it, who hasn’t already spoken to police, to come forward.”
A top-secret stealth drone, built by BAE Systems in Lancashire, has carried out its first successful test flights from Warton.Read the full story ›
The latest version of BAe's Typhoon fighter jet - manufactured and built in Lancashire - has begun flight tests.
The combat aircraft, known as Tranche 3, is built at Warton with parts manufactured at nearby Samlesbury.
The first Tranche 3 has been produced for the RAF by the Eurofighter consortium and assembled by BAE Systems.
British Single Seat aircraft no.116took to the skies for the first time with pilot Nat Makepeace in the cockpit.
BAE Systems has just over a day left to decide whether or not to join forces with European defence company EADS.
The UK Takeover Panel deadline for the £28billion deal to be approved or abandoned is 5pm tomorrow.
So far the planned merger has sparked controversy on both sides of the channel.
The two firms may have to ask for an extension to give them more time to negotiate.
Part of the problem is that they're partly owned by Governments.
BAE and EADS face a number of hurdles if the deal is to go through, with France and Germany keen to keep significant equity stakes in the merged group.
And Prime Minister David Cameron is facing a major Conservative rebellion after 45 MPs signed a letter calling on the Prime Minister to veto the deal.
The German government may also block the move, it has been reported, after demanding that its stake is equal to France's and that the newly merged company's head office should be in Berlin. It is thought Germany is insisting on taking a 9% stake to match France's holding.
Britain holds a "golden share" in BAE, meaning it can veto deals that are seen to put the public interest at risk, but is not thought to have made any demands for a direct equity holding in the enlarged company.
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BAE Systems has seen its share price retreat as investors weighed up hurdles it may face if it proceeds with a multibillion-pound merger.Read the full story ›