Friday, April 15, 2005

Government loan to help Rover (4)

It's not often that I agree with Gordon Brown or Patricia Hewitt, the Trade and Industry Secretary. However, according to today's Financial Times, they both said in private at the weekend that a £100m bailout of Rover was not a "prudent and proper" way of spending taxpayers money. Still, they were overruled by Tony Blair before negotiations with SAIC collapsed. Thanks should go to both Gordon and Patricia for remembering the taxpayer for once. Remember us a few more times and I suspect many more people would vote Labour!!

Update If they thought £100m was not prudent or proper, what do they think of Tony giving, not even loaning, £150m!?! Still, there is an election on and every vote counts in the West Midlands.

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