Showing posts with label loss. Show all posts
Showing posts with label loss. Show all posts

Sunday, October 18, 2009

Another Manufacturer Gone

LDV's machinery is to be stripped out and sent to China. So along with the loss of skills that made us manufacturing capital of the world, we are also losing, piece by piece the means of production.

If you're an engineer, I suggest you re-train. Because even if the will was there, the means to resume British industry is not.

And don't suppose the money men will invest heavily in manufacturing when they can sit back and make just as much, if not more merely by shuffling money and goods around on a computer screen.

Tuesday, July 07, 2009

MG Rover’s Phoenix Four Must be Beyond Reproach

Why, after four years of investigation is it only now that there are to be questions asked about the demise of MG Rover and the so-called 'Phoenix Four'?

Couldn't a QC and a forensic accountant see there was something wrong?

It might be argued they saw the evidence but wanted to investigate thoroughly before any public announcement. But surely it is/was their duty, even their legal responsibility to call in the Serious Fraud Office?

Whatever the outcome (and I suspect it will be the 'old boy network' cover up) the impression is that something is wrong.

It is not enough to be above suspicion- as Caesar's wife, all involved must be beyond reproach.