MG Rover: handling redundancies

The issue of redundancy has been the focus of much attention of late, as the media has followed the plight of MG Rover employees.

This afternoon, a statement from the DTI announced that SAIC "are not willing to acquire either the whole or parts of the MG Rover or Powertrain businesses on a going concern basis out of administration, nor are they willing to establish a UK joint venture incorporating the whole or parts of the MG Rover or Powertrain businesses".

The administrator, PWC, has told... (409 more words)

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