Fresh uncertainty surrounds the future of sportscar manufacturer TVR after it said it would quit its Blackpool factory within six months.

The firm - which has temporarily laid off more than a quarter of its 260 staff - said it was unable to guarantee the future of its remaining workforce.

However, TVR insisted that it would not close and said its Russian owner was committed to the company's future.

Union officials said the news was "devastating" for workers.

Established in 1947, TVR is Britain's largest independent sportscar owner and was bought by Russian tycoon Nikolai Smolensky in 2004
http://news.bbc.co.uk/1/hi/business/4939224.stm

A great, great shame. I giggled that BBC News could not spell Smolenki though