BAE decision 'within weeks'

A decision over the future of the BAE shipyard in Portsmouth is expected before Christmas.

It's feared up to 3,000 jobs could be lost if BAE Systems closes the site.

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Up to 1,500 jobs could go at BAE

More than a thousand workers employed in Portsmouth by Britain's biggest defence supplier have been told they'll know by Christmas whether the city's shipyard has a future.

BAE has three UK bases. One in Portsmouth and two in Glasgow.

The group employs nearly 3,000 people at the Portsmouth shipyard which looks most likely to close - with the loss of up to 1,500 jobs, we've been told.

Last year, BAE's sales fell 14% and profits are down 7% to under £2billion.

Chief Executive Nigel Whitehead says the firm can't rule out closing down the site once current contracts are completed.


Fears for 3,000 jobs at BAE

Ship builders construct a section of the first of two Queen Elizabeth class aircraft carriers at BAE Systems in Portsmouth Credit: Chris Ison/PA Wire

A decision over the future of the BAE Systems shipyard in Portsmouth is expected before Christmas.

In a Sunday newspaper interview, Nigel Whitehead, the UK chief executive of BAE said the defence company expected “a reduction in footprint” with one of Britain's three major shipyards likely to close.

3,000 people work at the site in Portsmouth. BAE Systems also has two bases in Glasgow, at Govan and Scotstoun. The Navy’s base at Portsmouth, where BAE also does repairs, is not at risk.

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