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Tuesday, January 17, 2012

BAE denies it plans to leave Portsmouth

Type 26 frigateDefence giant BAE Systems has played down fears it could stop building ships in Portsmouth – but did not rule out job losses.

The company said it has drafted in LEK Consulting to perform an ‘analytical study’ of the future of the business and look at how it can drive down costs.

A report in the Independent said this includes examining whether one of the firm’s shipyards could close and named Portsmouth as an option for the axe.

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