It is now more than seven years since the Phoenix Four made their promise to set up a trust fund for former MG Rover workers, when the company closed in 2005.
You may have seen the report in today’s Birmingham Mail about a High Court ruling against Phoenix Venture Holdings’ application for HBOS to disclose financial information relating to the disposal of 8,000 cars.
Damon Hill is right to call on the governing body of motor sport to rethink its decision to go ahead with this year’s Bahrain Grand Prix. I say that as someone who is a motor sport nut as well as an MP with a keen interest in the Middle East. The inquiry which the Bahrain Government set up into the events on its streets last year proved to be more independent than many expected and there is …
Pleased to have the chance to talk to racing driver Jason Plato at the launch of the MG KX Momentum BTCC Racing Team at the MG factory in Longbridge.
The economy was a key focus of the Labour Party Conference today with major speeches by Shadow Chancellor Ed Balls, Shadow Business Secretary John Denham and Shadow Work and Pensions Secretary Liam Byrne.
First thing this morning I participated in a roundtable discussion on how the automotive industry can help to drive the growth of a low-carbon UK economy.
Representing a seat in the West Midlands I know how important the automotive industry is to the UK. Across the country it is an essential part of the glue that binds our economy together. Over the last year the All-Party Parliamentary Motor Group (APMG), which I chair, has brought together parliamentarians, ministers, officials, industry representatives and trade unions to discuss key issues …
You may have seen the news last week that the Phoenix Four, the former bosses of MG Rover, have been disqualified as company directors.
The independent inquiry into the collapse of MG Rover, which reported its findings in 2009, was damning for the Phoenix Four. The picture that emerged was of millions being made not from the engineering of cars but from the engineering of company finances.