Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/153/7780

From The Socialist newspaper, 14 April 2000

Where did all the money go?

THE BIG car companies always play one country off against another. BMW threatened to move Rover 75 production to Hungary in 1998 unless the government coughed up 250 million to develop the Longbridge plant.

The government finally conceded 152 million but in the end, BMW pulled out altogether from the UK and didn't "collect" the aid.

Rover's predecessor British Leyland collected billions in state aid throughout the 1970s and 1980s. The Tories then gave Rover to a private company British Aerospace (BAe) for under 150 million. They also secretly gave BAe 250 million from a slush fund so grateful were the Tories to privatise BL.

The unions should ask what happened to all this state aid? Whose pockets did it line at the time it was given?

Discussions with the asset strippers Alchemy Partners, are due to conclude by Easter.

The government has washed its hands of the crisis. It's up to the trade unions and Rover workers to fight the destruction of Longbridge and other parts of the company.

As a first step, Rover shop stewards should call a conference of unions within the car industry, including Ford, Vauxhall and their component suppliers. They could then put flesh on the demand to "open the books" and end commercial secrecy when it threatens workers' livelihoods for the benefit of a wealthy few.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 14 April 2000:

Fight Back Now!

Reject the Racist Lies

Crisis in the Car Industry - Double dealing Bosses

Rover: Where did all the money go?

MSF Activists say "Take over Rover"

The Fat of the Land

Can a wealth tax bridge the gap?


 

Home   |   The Socialist 14 April 2000   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Rover:

triangleObituary: Derek Robinson, car workers' leader, 1927-2017

triangleIs UK car building back in Top Gear?

triangleRover - Gangster capitalists were treated as saviours

Unions:

triangleAfter the budget - unions must launch pay fight

triangleChatsworth neuro-rehab ward still open - unions join the campaign

triangleUnions must fight workplace mental health crisis

triangleNSSN meeting brings together workers in struggle

Aid:

triangleStop the cuts - save our vital services

triangleHurricane Harvey: A tragedy made far worse by capitalism

triangleCampaigners fight second Yorkshire Women's Aid closure in two years

BMW:

triangleBosses' pensions robbery

Reports and campaigns

Reports and campaigns

7/12/17

RMT

Anti-DOO lobby of Liverpool's transport committee

7/12/17

Blacklisting

Unite protest against blacklisting

6/12/17

Donald Trump

Mobilise to stop bigoted billionaire Donald Trump's state visit to Britain

6/12/17

Transport

Arriva bus strikers stand firm

6/12/17

Pensions

BT pensions review - oppose the attacks on the pension schemes

6/12/17

PCS

Driving examiners walkout hits first day of new test

6/12/17

Newham

School staff strike against privatisation

6/12/17

Rail

Brutal rail privateer Abellio takes over Midlands rail services

6/12/17

PCS

PCS Left Unity celebrates 40th anniversary at annual conference

6/12/17

North Yorkshire

Court maintains injunction against fracking protesters

6/12/17

Waltham Forest

Waltham Forest Universal Credit protest

6/12/17

Coventry

Coventry Socialist sales hit 1,000

6/12/17

TUSC

TUSC conference to debate 2018 elections

6/12/17

Liverpool

Liverpool John Moores Uni landslide for Socialist Students

6/12/17

Kirklees

Plans to launch no-cuts campaign at Kirklees College

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle8 Dec Local government pay: fight for the full 5% claim

triangle6 Dec Strikers rally in Liverpool

triangle6 Dec Corbyn's Labour can defeat Tories with socialist programme

triangle5 Dec Victory at Glenfield shows people power can save our NHS

triangle5 Dec Labour council Blairites deselected

triangle30 Nov Victory: Glenfield Children's Heart Centre saved!

triangle30 Nov Dramatic retelling of Grunwick strike

More ...

triangle12 Dec Birmingham South East Socialist Party: Can the Labour Party be changed?

triangle12 Dec Liverpool Socialist Party: Fighting council cuts

triangle13 Dec Caerphilly Socialist Party: Are we heading for an era of war?

triangle14 Dec Wakefield Socialist Party: Universal Credit - the Tories' latest assault on the poor

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2