Derby 'to miss out on £150m' due to Bombardier loss


The economic impact of the government's decision to award a £1.4bn train building contract to an overseas firm has been estimated by academics.

Derby train builder Bombardier is cutting 1,400 posts after missing out on the order for carriages for the Thameslink route.

The job losses will cost the Derby economy about £150m next year, according to Nottingham Business School academics.

They said the government did not consider the wider socio-economic costs when awarding the contract.

BBC Inside Out East Midlands looks at the Thameslink deal's impact on Derby on Monday, 17 October at 19:30 on BBC One and nationwide on BBC iPlayer.

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