Soured Tata's Commitment to Jlr Seen As Strong As Ever ; After Months of Prevarication, Tata Motors Finally Secured the Finance It Needed to Keep Jaguar Land Rover Afloat During the Downturn. Now the Dust has Settled, Alun Thorne Looks at the Fall- Out From an Inglorious Episode.

Summary

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Indian group Tata says it was amazed at the Government's behaviour given that it is one of the largest investors in British industry.

After all, among Jaguar Land Rover, steel concern Corus and other outlets, it employs 45,000 in the UK.

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Extract

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Soured Tata's Commitment to Jlr Seen As Strong As Ever ; After Months of Prevarication, Tata Motors Finally Secured the Finance It Needed to Keep Jaguar Land Rover Afloat During the Downturn. Now the Dust has Settled, Alun Thorne Looks at the Fall- Out From an Inglorious Episode.

It will be funding JLR's model programme without any help from the state.

Of the Government's so-called pounds 2.3 billion package made available to the UK car industry, not one penny has so far been paid out - due, say pundits, to such onerous terms nobody could afford to access the money -...

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