Tag Archives: economy

Beggs comments on latest unemployment figures

Ulster Unionist Party MLA Roy Beggs Jnr has commented on the latest unemployment figures which have just been released. They show that over the latest twelve month period there were a total of 4,311 proposed redundancies, an increase of 86% from the previous year (2,315). Currently there are 1,839 outstanding redundancies (that is, proposed but not confirmed), which is 141% higher than this time last year (762). East Antrim MLA Mr Beggs said: “For the month of October, more people (85) were made redundant in East Antrim that in any other constituency in Northern Ireland. This is undoubtedly related to the job losses at FG Wilsons. http://www.detini.gov.uk/deti-stats-index/stats-surveys/stats-redundancies.htm It is a sobering thought that as bad as the current figures are, they are likely to get worse with the additional impact of Pattons going into administration and the knock on effect on local employees and subcontractors. Last week I met sub-contractors … Continue reading

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Beggs Calls for Executive Decisions in Wake of FG Wilson Job Losses

Ulster Unionist Party MLA Roy Beggs Jnr has expressed his shock at the scale of the job losses announced by engineering firm FG Wilson. The East Antrim MLA said: “In the wake of the initial announcement of redundancies at FG Wilson, I met with their Northern Ireland Operations Manager Robert Kennedy and other senior management at the Larne factory earlier this summer. I was made me aware of the pressures they were experiencing regarding their smaller Generator sets, which had resulted in the announcement of the earlier job losses and their decision to establish a production facility in Asia. But like everyone else, I have been shocked by this second announcement and the scale of redundancies proposed. It seems amazing that relatively recently the firm were announcing significant profits, investing in new production lines, and taking on extra staff. It appears that the financial crisis in the Euro-zone has accelerated … Continue reading

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