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Bank Group warns of Job Losses at Newcastle Coal Mine

Coal News - Published on Thu, 14 Nov 2019

Image Source: banksgroup
Financial Mail reported North of England coal mining firm Durham-based Banks Group has warned that Government indecision could cost up to 250 jobs. Mr Gavin Styles, Banks Group’s executive director, said the delay to a decision from Robert Jenrick MP, the Secretary of State for Housing and Communities, was unacceptable. He said Unless the company can start work on Highthorn mine near Druridge Bay early next year, the firm will have to start laying off workers and the local economy could lose GBP 87 million. Every day this decision continues to be delayed puts well-paid North East jobs at risk.”

Banks Group has been fighting to win Government approval for a coal mine near Newcastle since 2016.

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Posted By : Yogender Pancholi on Thu, 14 Nov 2019
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