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German-owned rail freight firm to slash nearly 900 jobs

BRITAIN’S largest rail freight firm DB Cargo announced plans to shed nearly 30 per cent of its workforce yesterday.

The company, owned by German state-owned operator Deutsche Bahn, blamed “unprecedented challenges” facing the rail freight industry because of the “dramatic decline in core markets such as coal” for proposals to make 893 workers redundant.

Rail unions demanded government intervention.

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