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Get the free app no ads · no paywallPolitics · 13 May 2026
Bob Jenkins via Wikimedia Commons (CC BY-SA 2.0)
Many people will lose jobs as Victrex reduces its workforce. The Lancashire firm reported a £44 million loss before tax for the half-year to March, planning to cut a tenth of staff by 2026's third quarter. This large loss tied to a £60.6 million non-cash cost for a Chinese factory.
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