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Another 80 jobs go, and house prices slump

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Nick - Web Team Nick - Web Team | 11:55 UK time, Wednesday, 30 January 2008

Tile workers were called into a crisis meeting yesterday and told that their Wrexham area factory will be closed, say BBC Local News and the Evening Leader. Dennis Ruabon Tiles, based at Hafod Tileries, Ruabon, announced that 80 jobs will be axed after a massive slump in sales.

It's the fourth firm in the last week to announce cuts with the loss of 90 jobs at Keating Group, which manufactures cylinders in Mold, 60 jobs at pizza maker Paramount Foods, Deeside, and 10 jobs at Saffil Automotive in Holywell.

More grim reading shows that house prices are starting to fall in North Wales, according to the Daily Post.

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