Jaguar-Land Rover

[original PM]

Nooo we have to bail it out otherwise there will be loads more unemployed scousers on the street and we all know that will mean a rise in crime.

[Ruprect]

Nooo we have to bail it out otherwise there will be loads more unemployed scousers on the street and we all know that will mean a rise in crime.

This government does have a history of bailing out (or attempting to by dropping £Ms of taxpayers money into) ailing car companies....

[BoredBloke]

So Tata bought this in June for £1.7b and now are looking for a £1b handout from the govt. Why not simply buy the whole thing off them for £1bln.

[voodooflux]

So Tata bought this in June for £1.7b and now are looking for a £1b handout from the govt. Why not simply buy the whole thing off them for £1bln.

I did ponder this possibility in June, but they were profitable then.

[expat]

So Tata bought this in June for £1.7b and now are looking for a £1b handout from the govt. Why not simply buy the whole thing off them for £1bln.

Well, that's an idea. No bailout, we'll take it off your hands if you want.

[Ruprect]

Well, that's an idea. No bailout, we'll take it off your hands if you want.

That's exactly what we need - another millstone round the taxpayer's neck....

[swamp]

They're hardly going to ship production out of the UK to a cheaper cost base...

[voodooflux]

They're hardly going to ship production out of the UK to a cheaper cost base...

They did look at setting up an assembly operation in Russia, shipping out the cars in kit form from the UK.

[HeliCraig]

They did look at setting up an assembly operation in Russia, shipping out the cars in kit form from the UK.

But that was only as part of a big tax fiddle to avoid import tax for vehicles sold in Russia. That and taking more unused Ford factories off Ford's hands. (Halewood!)

But the rusky's changed their mind at the last minute!

[gingerjedi]

What’s the point in pumping money into a failing business, where would the money go? They certainly aren’t going to keep production going just to fill up airfields with cars that no-one wants, all those knob ends on the radio saying we need to save British jobs are talking nonsense.

I’d sooner split £1billion amongst the 15,000 workers than let the bean counters swindle it away, I’m not saying give it to them directly but with £65,000 per head I’m sure a bright spark somewhere can think of a far more viable business.