Today a £14 million fine was imposed on Deloitte & Touche for their advice to the MG Rover Group and the “Phoenix Four" directors.But as we watch another twist to the MG Rover drama unfold, it’s important to remember what was important then – and what is important now. That is the 6000+ MGR workers who lost their jobs in the collapse, and the communities whose identity “the Austin” factory …
In addition to granting us some beautiful weather, Summer 2013 has also shone a light on one of the brightest industries our country has to offer – motor. On 12 July 2013 ‘Driving Success’, the first ever comprehensive industrial strategy for UK automotive, was launched by Government and leading industry bodies.
Read my thoughts on the strategy in a new blog for Motortrades Insight here.
The accountants Deloitte have lost an appeal over a regulatory ruling that it failed to manage conflicts of interest in its advice to the MG Rover Group and the "Phoenix Four" directors, who bought the UK carmaker before it collapsed in 2005. It is highly concerning that the Tribunal found Deloitte and Mr Einollahi, the partner involved, to have demonstrated “a persistent and deliberate disregard …
Just two weeks ago, the world’s fiercest and fastest racing drivers returned to Silverstone for what turned out to be a thrilling British Grand Prix. While our exceptional British drivers have had mixed fortunes on the track this season, for me the return of Formula One to our shores is always an ideal opportunity to recognise British success in automotive more widely.
Opening @mgmotor new design studio today – welcoming launch of brand new #MG3. Next step for #Longbridge future twitter.com/RichardBurdenM…
— Richard Burden MP (@RichardBurdenMP) June 12, 2013
Welcome to my first column. I’m excited to start sharing my parliamentary perspective with Motortrades Insight, and the online automotive community. As a West Midlands MP with Longbridge in my constituency, an interest in automotive kind of goes with the territory, but it’s more than that. The automotive industry has been in my blood for as long as I can remember. And when I say “automotive”, I …
I was Labour Member of Parliament for Birmingham Northfield between 1992 and 2019 and a former Shadow Transport Minister. I now chair Healthwatch in Birmingham and Solihull, and the West Midlands Board of Remembering Srebrenica. I also work as a public affairs consultant. I am an effective community advocate and stakeholder alliance builder with a passion for human rights. I am a trustee of the Balfour Project charity and of Citizens Advice Birmingham, and a former Chair of Medical Aid for Palestinians.