D
Not to SpainOriginally posted by Maurice@Apr 10 2005, 08:44 PM
The question is, which country should I go to?
I seem to remember my Dad telling us as kids that if Labour did win the next election(s) we would leave the country.... :lol: He was a massive Neil Kinnock hater & he said he would NEVER live in a country run by him.Originally posted by Maurice@Apr 10 2005, 08:44 PM
If Labour don't win the next election I'll probably emigrate.
LONDON (Reuters) - Talks to save MG Rover are set to continue after the government agreed to provide emergency funding to the company to prevent the immediate lay-off of 6,000 workers.
Staff at Rover's Longbridge plant will attend a mass meeting addressed by union leaders to hear more about the attempt to rescue the company and lift it out of administration.
The government will provide a 6.5 million pound loan to the company to cover wages and expenses for one week.
"There will be no redundancies at Longbridge tomorrow (Monday)," Trade and Industry Secretary Patricia Hewitt said on Sunday.
"The government has agreed to provide the necessary funds to the administrator in order to avoid the issuing of redundancy notices at MG Rover while efforts are made to keep the business together," Hewitt said.
The country's last major carmaker collapsed on Friday after it failed to agree to a rescue deal with China's Shanghai Automotive Industry Corp (SIAC).
The crisis at Rover threatens around 15,000 jobs among its suppliers, on top of the 6,000 employed at its Longbridge plant near Birmingham, creating a political headache for the government ahead of a general election on May 5.
The provision of emergency funding came after a day of talks between Hewitt, trade unions and the administrators appointed to run the company following its collapse.
"The government has agreed to assist and work with the administrator and with the unions who will be developing, with all reasonable speed, a realistic business proposition for SIAC and other possible purchasers to consider," Hewitt added.
Hewitt last week announced a 40 million pound support package for Rover's suppliers.