Toyota: 10 per cent pay cuts in UK

Link to the article: Channel 4

Last Modified: 11 Mar 2009
By: Andrew Thomas

Car giant Toyota cuts pay and production at its factories in Britain for one year.

Japanese car manufacturer Toyota has announced it will cut working hours and pay by 10 per cent at its UK plants, after announcing it's first ever loss late last year.

The cuts will start from Wednesday 1 April at the company's sites in Derby and north Wales and last for a year.

The announcement was made as car companies and unions meet with ministers to discuss a £2.3bn support package for the industry.