Payments due to former MG Rover workers should not be delayed by contractual wrangles between Lloyds/HBOS and the Phoenix Four.
The Phoenix Directors still have it in their power to end the delay and to get money into the Trust Fund for their former employees. They have already had to wait five years – and that’s five years too long.
This week is the 5th year anniversary of the closure of MG Rover. I am calling on the Phoenix Directors to finally end the delay on the trust fund and do the right thing by their former employees.
Will you join me in calling for an end to the delay?
Earlier today I led a House of Commons debate on the results of the independent inquiry into the collapse of MG Rover.
Today’s debate was the first opportunity for the House of Commons to debate the report of the inquiry since it was published on 11 September 2009.
The long awaited report of the independent inquiry into the collapse of MG Rover has finally been published today. Like most other people, I have found it frustrating that we have had to wait over four years for this inquiry to be completed and astonishing that it has cost around £16m. I have always supported publication of its findings and I am relieved that today we can finally see what is in...
The long awaited report of the independent inquiry into the collapse of MG Rover in 2005 was published at 9AM this morning. The report is now available online: Read Volume I of the report Read Volume II of the report The report is over 800 pages long. There is a 20 page conclusion which provides an overview of some of the matters discussed in far greater depth earlier in the report. Read the...
The MG Rover inqury report will be published at 9AM today. A copy of the report will be made available online here as soon as possible.
Below is an article I wrote for today’s Birmingham Post ahead of the publication of the report – about MG Rover, the report and looking forward to a new and sustainable future for Longbridge.