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.


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.