Stop Dithering and Act ; Agenda a Credit Loan Scheme Could Prove a Jobs Lifeline at Jlr, Says Alan Duncan, Conservative Shadow Business Secretary
Birmingham Post › January 19, 2009
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Summary
On September 8 last year, Gordon Brown and Alistair Darling visited the Jaguar Land Rover factory in Castle Bromwich to launch their new manufacturing strategy. The Government would, they pledged, help British car manufacturers remain competitive by delivering 'Macroeconomic Stability - allowing businesses to plan for the long-term'.
Since that announcement, the economy has entered a serious recession and UK car production has fallen by at least 25 per cent. Last week, following a 30 per cent drop in sales, Midlands-based Jaguar Land Rover announced that it will cut 450 staff, on top of around 850 jobs lost before Christmas.See the full content of this document
Extract
Stop Dithering and Act ; Agenda a Credit Loan Scheme Could Prove a Jobs Lifeline at Jlr, Says Alan Duncan, Conservative Shadow Business Secretary
Unions say these losses could be "the tip of the iceberg" and the firm's Chief Executive has warned the situation may not improve "for some time". Despite the plunging value of the pound, the UK's trade deficit in motor vehicles has soared by more than 240 per cent since 1996.
Even Gordon Brown has said he plans to scra...See the full content of this document
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