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Potential Jaguar bailout

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Old Dec 19, 2008 | 05:36 AM
  #11  
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Originally Posted by MC_BLADE,Dec 18 2008, 10:02 PM
Would we bail toyota out if they go belly up just because the make loads in the midlands? cant see it.
If by "bail out" you mean a Tory government offering millions in tax incentives, rate reductions and other sweeteners to Nissan, Toyota etc to build their factories in the UK as opposed to Spain or Poland, then I think we already did.
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Old Dec 19, 2008 | 05:48 AM
  #12  
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The article I read on this suggested that Tata has asked for money.
And the government had issued a, "we'll think about it but you are a private company you know!" type message.

Hopefully a compromise can be reached. And by compromise I mean that Jaguar / LR manufacturing stays in the UK and the UK govt does not have to bail them out.

Maybe if the 1000 Lat Nano became the 1010 Lat Nano it would help?
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Old Dec 19, 2008 | 05:53 AM
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Originally Posted by GarethB,Dec 19 2008, 02:36 PM
If by "bail out" you mean a Tory government offering millions in tax incentives, rate reductions and other sweeteners to Nissan, Toyota etc to build their factories in the UK as opposed to Spain or Poland, then I think we already did.
....who then invested millions in the UK building factories, employed workers and are still here.

It's one thing attracting inward investment, it's quite another trying to bribe a foreign owned company not to move abroad. For one thing it is only likely to buy a short amount of time - then what, we capitulate again in a year's time when they do the same?
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Old Dec 19, 2008 | 06:04 AM
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Originally Posted by MarkB,Dec 19 2008, 02:53 PM
....who then invested millions in the UK building factories, employed workers and are still here.

It's one thing attracting inward investment, it's quite another trying to bribe a foreign owned company not to move abroad. For one thing it is only likely to buy a short amount of time - then what, we capitulate again in a year's time when they do the same?
Exactly, all the money will leave with them. only answer is if the "give" the company to our goverment then were investing in somthing thats keeps out people in jobs and inturn if it makes money back pays back what we have had to outlay.
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Old Dec 19, 2008 | 07:23 AM
  #15  
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Have we not been here before with the bail out of BL?

With perhaps the exception of more recent efforts Jaguar has been as much out of touch with their market as Woolworths.
Both brands seemed to be stuck in a 1950's time warp or desperately relying on past endeavours to succeed.
How uncool is it to admit you shop in Woolies. Think Woolies, think Co-op, think Wimpy bar, and dim spotty sales assistants from the local council estate.
Jaguar still has a wiff of olde school ageing blade Britishness. To quote that silly worn out cliche, neither brand is exactly 'aspirational'.
The world has moved on and some companies deserve to die.
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