The Closure of MG Rover PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Closure of MG Rover PDF full book. Access full book title The Closure of MG Rover by Great Britain: National Audit Office. Download full books in PDF and EPUB format.
Author: Great Britain: National Audit Office
Publisher: The Stationery Office
ISBN: 0102937206
Category : Business & Economics
Languages : en
Pages : 80
Get Book
Book Description
MG Rover went into administration in April 2005 when its proposed deal with a Chinese company (SAIC) collapsed and it did not have sufficient cash to continue trading. The subsequent closure of MG Rover's plant at Longbridge in the West Midlands resulted in the direct loss of almost 6,000 jobs and with potentially serious consequences for the local economy. This NAO report examines the support provided to MG Rover by the DTI and other public bodies before and during the Company's collapse in 2005, and on the effectiveness of plans to deal with and mitigate the consequences of the firm's closure. Amongst the conclusions drawn, the report identifies weaknesses in the DTI's contingency planning and questions the cost-effectiveness of the DTI's loan of £6.5 million designed to sustain the business for a week while the administrators sought to sell the Company as a going concern. The report goes on to make a number of recommendations to improve future decision-making, contingency planning, and the delivery of training and support in the event of a large-scale company failure.
Author: Great Britain: National Audit Office
Publisher: The Stationery Office
ISBN: 0102937206
Category : Business & Economics
Languages : en
Pages : 80
Get Book
Book Description
MG Rover went into administration in April 2005 when its proposed deal with a Chinese company (SAIC) collapsed and it did not have sufficient cash to continue trading. The subsequent closure of MG Rover's plant at Longbridge in the West Midlands resulted in the direct loss of almost 6,000 jobs and with potentially serious consequences for the local economy. This NAO report examines the support provided to MG Rover by the DTI and other public bodies before and during the Company's collapse in 2005, and on the effectiveness of plans to deal with and mitigate the consequences of the firm's closure. Amongst the conclusions drawn, the report identifies weaknesses in the DTI's contingency planning and questions the cost-effectiveness of the DTI's loan of £6.5 million designed to sustain the business for a week while the administrators sought to sell the Company as a going concern. The report goes on to make a number of recommendations to improve future decision-making, contingency planning, and the delivery of training and support in the event of a large-scale company failure.
Author: Great Britain. Parliament. House of Commons. Committee of Public Accounts
Publisher:
ISBN: 9780215030177
Category : Business failures
Languages : en
Pages : 38
Get Book
Book Description
The closure of MG Rover's plant at Longbridge in the West Midlands in 2005 resulted in the direct loss of almost 6,000 jobs with potentially serious consequences for the local economy. Following on from an NAO report (HCP 961, session 2005-06; ISBN 0102937206) published in March 2006, the Committee's report examines the support provided to MG Rover by the DTI before and during the Company's collapse, and the subsequent response by various agencies to mitigate the impact of the firm's closure on the local community. Findings include that the cost to the private sector and former employees of MG Rover's collapse may exceed £600 million, although without the efforts made by local agencies to help the local economy diversify in the years prior to the Company's collapse, the final impact would have been worse. Although the DTI responded effectively where it had contingency plans, for example by arranging the immediate support for former employees following the collapse, there were serious gaps in other areas, such assisting a sale if MG Rover went into administration. The local agencies did well to respond quickly and effectively in the immediate aftermath of the Company collapse. The DTI should disseminate the lessons learned from diversifying the West Midlands economy to other regions or public bodies with a responsibility for supporting the development of local economies.
Author: Andrew Beer
Publisher: Routledge
ISBN: 1317989228
Category : Business & Economics
Languages : en
Pages : 132
Get Book
Book Description
Economic restructuring has been a notable feature of so-called mature industrial economies such as the UK and Australia in the last two decades, with deregulation, privatisation, technological change and globalisation combining to reshape such economies. Some industries have grown, while others have declined. Moreover, while overall employment in the UK and Australia has grown, many newly-created positions require skills not found in the industries shedding labour, or are in casualised and low paid occupations. Many lesser-skilled workers leaving declining industries are therefore at risk of long-term unemployment or leaving the workforce entirely. Both mental and physical health can be affected after redundancy. It is therefore crucial that the measures put in place in many domains of social policy (such as formal health policy, employment assistance, community development, housing assistance and so on) to adequately address the difficulties confronting this group. This volume takes a closer look at the impact of manufacturing - notably automotive - plant closures in the UK (Birmingham) and Australia (Adelaide) in recent years and policy responses to those closures. It attempts to tease out differences in policy response and effectiveness, and attempts to identify areas where policy could be made to work better in terms of adjusting to large scale manufacturing change and resulting job losses. In so doing, it begins, for the first time we believe, to take a comparative approach to understanding the impact of plant closures and policy responses. This book was published as a special issue of Policy Studies.
Author: David Bailey
Publisher: Routledge
ISBN: 9781138183063
Category :
Languages : en
Pages : 224
Get Book
Book Description
In May 2005, MG Rover s car manufacturing plant in the UK s second largest city, Birmingham went into administration with the loss of 6,300 jobs and with far reaching effects across the supply chain. This was the largest mass scale redundancy in the country since British Steel, twenty years before. The impact on the community was far reaching and the UK Government sought to determine a response at the national, regional and local level while a Task Force was set up to look into ways of helping workers and their families deal with and come to terms with the effects of the closure. This book analyses the impact of the closure of the Longbridge plant at all stages, drawing comparisons with similar events in the Canadian, Australian and American auto-industries while analysing the policy response and effort of retraining undertaken at the local and national levels. "
Author: Great Britain. Parliament. House of Commons. Business and Enterprise Committee
Publisher: The Stationery Office
ISBN: 9780215529060
Category : Law
Languages : en
Pages : 456
Get Book
Book Description
Regional Development Agencies and the Local Democracy, Economic Development and Construction Bill : Fourth Report of Session 2008-2009
Author:
Publisher:
ISBN:
Category : Automobile factories
Languages : en
Pages : 40
Get Book
Book Description
Author: Great Britain: Parliament: House of Commons: Trade and Industry Committee
Publisher: The Stationery Office
ISBN: 9780215033291
Category : Business & Economics
Languages : en
Pages : 172
Get Book
Book Description
Although initially sparked by the collapse of MG Rover, this inquiry into the UK automotive industry was broadened to examine the following subjects: the principal reasons for the different records of success by different companies;how companies arrive at investment and closure decisions; the role played by trade unions; the appropriate Government response to closure announcements and what the Government could do to help the supply chain and workforce if plants are closed. Overall it foresees mixed prospects for car manufacturing in this country and thinks it is important that the industry and Government put extra effort into improving skills, increasing R&D, adopting lean manufacturing techniques and strengthening the local supply chain.
Author: Roos, Göran
Publisher: IGI Global
ISBN: 1466658290
Category : Business & Economics
Languages : en
Pages : 564
Get Book
Book Description
Competing in both high and low-cost operating environments can present a number of unique challenges. In light of global competition and the changing scope of various industries due to technological advancement, these challenges must be addressed in order to ensure business success. Global Perspectives on Achieving Success in High and Low Cost Operating Environments features a collection of research and case studies addressing contemporary issues surrounding operational success in various regions. Business professionals, managers, academics, and upper-level students will find this publication an essential resource for the latest tools and solutions for managing operations in diverse operating environments.
Author: David Bailey
Publisher: Routledge
ISBN: 1136664718
Category : Business & Economics
Languages : en
Pages : 373
Get Book
Book Description
How has the recession impacted on firms, people and places? How have local and regional authorities responded? This book aims to answer these questions by offering an overview of the impacts of the recession on people and places and how it has affected local authorities in the UK and other OECD countries. Being ‘close to the ground’, local authorities are usually at the forefront of dealing with the impacts of recession on people and places. During recessions, they face important challenges: on the one hand they have to cope with increasing demand for services and on the other hand they may face a decrease in their income due to the slowdown in the economy. And with the shift from local government to local governance in the last 10 years, they also have an increasing role in terms of coordinating various organisations in the delivery of local services. This book begins by looking at the potential impacts of downturns and economic shocks on firms, workers, communities and places, both in the short and long term (Part I). Part II then looks at interventions and responses that local authorities can put in place on their own or in partnership with other local, regional and/or national actors to try to deal with these differential impacts. Building on these insights, part III offers international perspectives, outlining the role of local authorities during the recession in France, Canada and Australia. These examples and cases highlight some key variations in the availability of resources at the local level across countries and shed light on the way particular economic situations and governance contexts influence local authorities’ responses. This section also includes work by the OECD LEED Programme which surveys cities worldwide and which looks at the application of the ‘Barcelona Principles’. Overall, the volume makes a fresh contribution to understanding local economic development and governance by providing a unique perspective and original data on the way local authorities have dealt with the recent economic shock across countries. Looking ahead, the book also raises some important issues in relation to local and regional governance and policies to foster long term, sustainable economic recovery. This edited volume will be accessible to and suitable for students and researchers studying economic change, the recession, planning, public policy and industrial policy interventions, and political science.
Author: Carole Thornley
Publisher: Edward Elgar Publishing
ISBN: 1849808090
Category : Business & Economics
Languages : en
Pages : 273
Get Book
Book Description
This book makes a unique and invaluable contribution to our understanding of the changing nature of employment and its consequences for industrialized societies. It combines industry case studies, company case studies, and specific country case studies to paint a multi-dimensional picture of the spread of precarious employment and the responses by trade unions and other worker mobilizations. In addition, the astute theoretical chapters demonstrate how the trend toward precarization is reshaping power relationships in ways that have significant implications for individual security and wellbeing, collective agency and empowerment, societal equality and stability, and the vitality of democracy itself. Together these essays provide an exceptionally rich picture and insightful analysis of these important trends in contemporary industrialized societies.
