Cranes are seen at BAE Systems Govan yard during a misty morning in Glasgow, Scotland January 14, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 14, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS MILITARY EMPLOYMENT SOCIETY MARITIME TPX IMAGES OF THE DAY)

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Men work on a boat on the river Clyde during a misty morning in Glasgow, Scotland January 14, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 14, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS MILITARY EMPLOYMENT SOCIETY MARITIME ENVIRONMENT)

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A seagull flies past cranes at BAE Systems Govan yard as the sun rises in Glasgow, Scotland January 16, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 16, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS MILITARY EMPLOYMENT SOCIETY MARITIME ANIMALS)

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A welder works on a section of a Royal Navy aircraft carrier at BAE Systems Govan yard in Glasgow, Scotland January 16, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 16, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS MILITARY EMPLOYMENT SOCIETY MARITIME)

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A worker works on a section of a Royal Navy aircraft carrier at BAE Systems Govan yard in Glasgow, Scotland January 16, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 16, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS MILITARY EMPLOYMENT SOCIETY MARITIME TPX IMAGES OF THE DAY)

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Rubbish floats in the Govan Graving Docks in Glasgow, Scotland January 15, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 15, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY MARITIME ENVIRONMENT)

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A broken light is seen at the Govan Graving Docks in Glasgow, Scotland January 15, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 15, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY MARITIME)

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An apartment building is demolished in Scotstoun, Glasgow, Scotland January 15, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 15, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY MARITIME REAL ESTATE)

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Iain Mckechnie chops wood at the Galgael trust in Govan, Glasgow, Scotland January 15, 2014. The Galgael trust are a charity that runs programs for the long-term unemployed, based in Govern. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 15, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY MARITIME)

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Jason Kavanagh works on a boat at the Galgael trust in Govan, Glasgow, Scotland January 15, 2014. The Galgael trust are a charity that runs programs for the long-term unemployed, based in Govern. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 15, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY MARITIME)

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A member of the Yarrow Recreation Bowling Club lights a cigarette in Scotstoun, Glasgow, Scotland January 15, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 15, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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Members of the Yarrow Recreation Bowling Club watch a bowls game in Scotstoun, Glasgow, Scotland January 15, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 15, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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A man looks out a window in Govan, Glasgow, Scotland January 16, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 16, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY REAL ESTATE)

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Apartment housing blocks are seen in Govan, Glasgow, Scotland January 16, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 16, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY REAL ESTATE)

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The Hydro arena is seen at dusk in Glasgow, Scotland January 16, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 16, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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The Clyde Auditorium seen at dusk in Glasgow, Scotland January 16, 2014. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 16, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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A man looks out to sea in Portsmouth November 25, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken January 16, 2014. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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A bird lands at the seafront in Portsmouth November 25, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 25, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY ANIMALS)

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Graham prepares to swim in the sea at the seafront in Portsmouth November 25, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 25, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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Hannemarie Mundell, 84, showers after a swim in the sea at the seafront in Portsmouth November 29, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 29, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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Youths ride a bike near the seafront in Portsmouth November 25, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 25, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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People recruit workers as Britain's Chancellor of the Exchequer George Osborne is seen on a screen at the Guildhall square in Portsmouth November 25, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 25, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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A woman walks a dog past the closed entrance of the South Parade Pier in Portsmouth November 25, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 25, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY ANIMALS)

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A fisherman looks up as he works in Portsmouth November 29, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 29, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY)

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A seagull flies past the HMS Warrior during sunset at the Historic Dock Yard in Portsmouth November 26, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 26, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY ANIMALS)

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A seagull sits on the 'Mudlarks' sculpture by Michael Peacock during sunset in Portsmouth November 26, 2013. The British shipbuilding industry has been through a turbulent time after defence contractor BAE Systems announced in November that it planned to lay off 1,775 ship workers across the UK. The cuts signal the end of more than 500 years of shipbuilding in Portsmouth on England's south coast. BAE is set to continue constructing ships in Glasgow, but showy entertainment venues, museums and new housing blocks have replaced many of the shipyards that once lined the city’s famous River Clyde. Long gone are the days when the area was an industrial powerhouse producing around a fifth of the world's ships. Now Glasgow promotes itself instead as a financial and commercial hub – although it still struggles with high unemployment. Picture taken November 26, 2013. REUTERS/Stefan Wermuth (BRITAIN - Tags: BUSINESS EMPLOYMENT SOCIETY ANIMALS)

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