Messrs Irvine and Ramsay summarise the outcome of their research as follows:
MHI’s Irvine and Ramsay, who were first ‘asked to examine the circumstances surrounding the closure of MG Rover and the roles played by certain Government, Civil Service and banking figures’ just over one year ago, undertook extensive research in an attempt to discover why the Government withdrew the £120m short-term loan which would have facilitated the proposed JV with Shanghai Automotive Industry Corporation and Nanjing Automobile (Group) Corporation and so avoided MG Rover Group Limited’s closure. MG Rover collapsed and the 6000 UK jobs and thousands of supply chain jobs were lost. Those close to MG Rover are firmly of the view that Chancellor Gordon Brown and his adviser Shriti (now Baroness) Vadera blocked state aid. Prime Minister Tony Blair wanted to save MG Rover. The Nanjing Automobile Corporation was appalled by the behaviour of the DTI under the then Secretary of State, Alan Johnson.ġ0. The DTI’s dealing with China was amateurish at best and malicious at worst.ĩ. The DTI not only failed to support MG Rover but they poured millions into rival foreign manufacturers such as Ford, Nissan, BMW, Vauxhall and Peugeot.Ĩ. Contrary to DTI misinformation the Phoenix Directors did not plunder the company.ħ. Unlike the recent banking bail-outs, the Phoenix Directors pledged substantial personal sums in support of the offered and then withdrawn short-term government loan.Ħ. Phoenix Venture Holdings provided five years of high quality jobs for 6000 people not to mention between 20,000 -30,000 supply chain jobs.ĥ. The inquiry has cost the taxpayer more than £16milion.Ĥ. Various Government departments have refused all requests for information and are treating Freedom of Information (FoI) requests with contempt.ģ.
#News rover key full#
MG Rover closed in April 2005 – now, four years later, the workforce and the public deserve nothing less than to be given the full reasons for its demise.Ģ. However, AROnline believes that the ten key submissions made by MHI in the Briefing Document bear repeating below:ġ.
#News rover key series#
‘The MG Rover Dossier’ runs to 16 pages and much of the document’s contents have already been disclosed in the series of excellent articles by the Birmingham Post’s Jon Griffin which appeared here as Press Reports last week. Any AROnline readers who have been following the Press Reports on these News pages during the last week or so will already know that the Phoenix Four – Peter Beale, John Edwards, Nick Stephenson and John Towers – have appointed Public Relations Advisers Media House International Limited (MHI) to act for them and that MHI’s Jack Irvine and Ramsay Smith have recently compiled and circulated a Briefing Document entitled ‘The MG Rover Dossier’ to the media on their behalf.
0 kommentar(er)
