10:38am, Thu 31 May 2012 Last updated Thu 31 May 2012 
BAE systems set to axe 600 jobs and close its historic factory in Newcastle upon Tyne Credit: Reuters
BAE systems set to axe 600 jobs and close its historic factory in Newcastle upon Tyne Credit: Reuters BAE Systems is planning to axe more than 600 jobs and close its historic factory in Newcastle upon Tyne, which made tanks for the World War I, the company announced today.
