Go Ahead's Southeastern to cut 300 jobs in 2009
LONDON (Reuters) - Go-Ahead Group (GOG.L) said on Friday its rail unit Southeastern is to cut 300 jobs in 2009.
* Says job cuts due to lower passenger journey growth, tougher economy
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Credit headwind
News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows. Full Article
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