All entries for Wednesday 20 April 2005

April 20, 2005

Government opportunism – MG Rover & Index

In an earlier post entitled MG Rover's downfall, I asked why there was no government agency to bail out all firms with a marginal change of survival. In such cases, government assistance could ‘obviously’ save jobs and increase everyone’s well being according to some.

Dr Madsen Pirie of the Adam Smith Institute makes a similar point when talking about the recently announced closure of several Index stores nationwide.

Government, which leapt in with £150m of taxpayer money to help those who lost MG Rover jobs has not yet come forward with any cash for the Index employees. On a pro-rata basis the sum might be about £85.7m.

View his post here.

It’s opportunism on the part of politicians, pure and simple.

April 2005

Mo Tu We Th Fr Sa Su
Mar |  Today  | May
            1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30   

Search this blog



Most recent comments

  • i like muff on toast by guildy on this entry
  • hairs :P by Peter hairs on this entry
  • Incest hairs by michael lumsden on this entry
  • incest thursday every day with mary!! by michael lumsden on this entry
  • I like maureen by Neil duncan on this entry

Blog archive

Not signed in
Sign in

Powered by BlogBuilder