Mp Tells Phoenix Four to Reveal Fund Details

Summary


Former MG Rover directorsmust reveal how much cash will be distributed through a long-awaited trust fund for staff who were made redundant, the House of Commons will be told today. Richard Burden (Lab, Northfield) will warn that nobody knows any details about the fund, more than four years after the Birmingham carmaker folded.

The fourRoverdirectors,knownas the Phoenix Four, announced in 2005 that the fundwould be used to helpworkers affected by the closure, and the local community near the firm's plant at Longbridge, in Mr Burden's constituency.

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Mp Tells Phoenix Four to Reveal Fund Details

But themoney hasbeendelayed,with the directors insisting it cannot be paid out until an official government inquiry into Rove...

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