THE END FOR MG ROVER?
Thousands of MG Rover jobs to go.
Thousands of workers will now lose their jobs. About 5,000 MG Rover workers are to lose their jobs, administrators for the stricken company have said. The news came after last-ditch rescue talks with a Chinese firm collapsed.
Prime Minister Tony Blair said £150m was being made available to help those being made redundant at MG Rover and the companies that supply it. The administrators said about 1,000 staff would be kept on at Longbridge to complete work on unfinished cars but more redundancies could follow.