Should the Government be considering giving money to the Indian firm TATA to “save” Jaguar /Landrover ?
Not forgetting they refused to help Rover when they were in the same position…
No they shouldn’t - why help Jaguar and not Woolworths ? where does it end ?
Does the taxpayer have to bail out every company that can’t turn a profit ?
I know that there are a lot of support and services jobs linked to Jaguar, but most of them don’t rely on them (I used to work for one of those companies supplying equipment to Jaguar), so should be ok.
I think it’s worth thinking about how many people would be made unemployed and so how many would be needing benefits from the government anyway. I’m sure they have study groups that’ll guess how much this’ll cost them and so that amount would be better off invested in the company in the first place surely?
u are flogging a dead horse,why do u think ford got rid,its a sad fact if u make a product the no one wants or can afford your wasting your time.iv been made redundent its no fun,but i did find another job ,people are very adaptable,thats why the human race still exists.remember the late 70 and early 80 when the goverment put masses off cash ito B.L,wast of tax payers money.
I’m with you on this one… canont cherry pick in my opinion
No way - the business people who for years have derided the welfare state and celebrated the idea of ‘survival of the fittest’ and supported Republican and Conservative partys that have attempted to dismantle the state so that they can pay lower taxes are now crying out for state handouts - (my and your money) - I’m thinking particularly of U.S. car makers - how hypocritical is that?
What frightens me is how New Labour have turned the country into a Socailist state, where all and sundry now turn to the government with their hands out for a bale out that is funded by borrowing to be paid back the tax payer. The general rate of taxation has gone from 36% when they got in to nearly 50% now, and what is there to show for it? 9 quangos running the Olympics, borrowing going possibly up to 75% of GDP, a doubling of civil service staff to implement all the EU directives and a huge hole in pension funds thanks to Gordons tax raid.
Gordon and Co. have hardly got a good track record of balancing the books over the past decade, the phenominal amount of tax receipts has gone up in smoke and the cupboard is more bare than when they took office, so what the answer, borrow more and let you and me pay it back.
This didnt happen in the last two recessions. Where are the checks and balances that should have prevented the state we are now in?
I think it’s a little more complicated than that…The money Ford put into Jaguar has produced some fabulous cars over the last few years and the latest cars are even better.There are a great number of people who both want and can afford both Jaguars and Landrovers and don’t want to drive anything else (including myself) The fact that not everyone can have one doesn’t mean they are no good…trust me on this…they are great machines (in my opinion)
I wasn’t in favour of a sale to Tata but , in the end, there was little choice and I suppose they have as much right as anyone else to screw as much out of the Goverment as they can ( possibly before they move the whole company on again)
never said they were no good,they are ,iv had a s type diesel,very nice car but tax payers can not keep bailing out failing companys,u have to draw the line some where.
The cagers are all gonna be driving around in electric micro-cars over the next twenty years anyway.
No, the government have shot themselves in the foot. For years they’ve sent out the message large heavily fuel consuming vehicles are bad for the environment. They’ve put in place costly taxation schemes for owners of these vehicles. Now they wonder why in a downturn everyone takes the message on board and jumps ship to the cheaper alternatives. This change of public car ownership was prescribed and orchestrated by the same government now trying to save the companies it has damaged.
Labour may mean well but they’re ******* stupid.
Yep - like the third runway at Heathrow - they tell us we have to cut carbon emissions and then encourage the expansion of carbon emitting high volume air travel. The govts policys are schizoid.
keep jaguar going, it is a famous mark and earns good money from abroad to fund this country…the reason we have no car industry is becuase we did not fund it like the french have and do…
Keep the expansion of Heathrow and reduce emissions by going nuclear, introducing electric vehicles and maybe legistlation that promotes them…
Stop spending needless amounts of money on such pointless issues as planning departments, race relations officers, quangos for this and quangos for that and pump spare money into the infrastructure of the country…
Build more roads, develop more brown field areas, and improve more slum areas rather than developing green areas…
I can see no point in the government helping the banks then having no interest in saving jobs at Jaguar or Aston Martin…the cost in dole money and support cant be far off what it would cost to save the two business’ If we want to stay in business as a country then we have no choice but to invest in our manufacturing, even if it is a doomed product.ie the petrol car…doomed…
They shouldnt help them out. If they couldnt help other companies they shouldn`t be able to help Jag.
I’m still confused that the Government bailed out a wunch of bankers.
If very well paid money “specialists” **** up, why are we bailing the to**ers out?
The thought of Jaguar and Land-Rover going down makes me a bit sad.
Woolies and Rover were kinda a waste of space anyway but Landy’s and Jags are always in Bond films and so on that basis I think they should be saved.
They’re a bit like ambassadors for Britain I think, bit like the Royals. If we spend a bit of money on them it raises our profile internationally and makes people spend money on us over here.
Fk the bankers though. they’re Wkers and they shouldn’t be allowed to have Jags. They should be made to drive Tata’s.
possibly you’re confused because you haven’t bothered to look into it?
they create billions in tax revenue in the UK, the employees (esp the high earners) spend most of what they earn in the UK, they manage your pensions, provide funding for your mortgages, underwrite your car and home insurance, many hold your life savings, pay you interest, let you have credit cards, facilitate the government to be able to raise capital and manage fiscal policy, the list goes on.
if banks go bust, everyone gets f***ed in a myriad of ways. they only pay the telephone number figures to people giving up their lives to earn it, and who bring in way more than they get paid in revenue anyway. most of the staff in an investment bank by headcount are support staff.
a lot of companies are now going bust as a result of the breakdown of the moneymarkets (banks going bust). these companies were going concerns until their funding dried up or sky rocketted in cost. personally think its sad that some British companies and famous marques are biting the dust for market events beyond their control.
I am also confused…in my case I’ve said goodbye to 50K+ due to the “skills” of these overpaid to55ers and I’m supposed to be grateful??? The only people I’ve heard defend them are those within that group who have their heads so far up theit own ar5eholes they still think they did nothing wrong:angry:
I’m with Jonnybravo on this one. It’s not as simple as the Daily Mail & co make it out to be. To be clear, the government has not bailed out bankers. You could say it has bailed out banks (although I’d say they nationalised big parts of the banks, which is a subtle difference). They did NOT do this to help the bankers or any employees of banks (remember, banks also employ cleaners, catering people, IT staff, support staff, architects …), they did this to support the big public.
Think back at the Northern Rock many moons ago now. Remember this was not (like the sensationalist c*nt Preston of the BBC would say) what started it, but rather the first victim of the situation the SECTOR was in. If Norther Rock went bust, how many of these people who would queue up would get their money do you think?
Furthermore, if Northern Rock went bust, it would trigger a domino effect. Loads of banks have exposure to most other banks as they lend eachother money. So one by one, started with the smaller ones, all those banks would go into administration as they can’t pay their overnight loans anymore, At some point YOUR bank, the one that holds your monthly salary would have gone bust, and how would you then rant about how the government stood by and didn’t do anything.
There’s a lot of unresolved questions about accountability. Is it the banks, the regulators or the customers who are to blame? that’s a long debate that will never be resolved, but I think it would be foolish to think the government should have stood by and let the banks go bust.
As for the original topic, I don’t know. I always thought the Brits were, with the Italians, the best car designers in the world. Unfortunately, and like the Italians up to the 90s, the Brits are TERRIBLE at engineering cars. So should the government bail out Jag? I’m not sure, but it’s worth thinking about the 25-20K people in this country who are employed by the company. Maybe it should support these people to do something else, more profitable, Maybe it should invest heavily in R&D in upcoming technologies like hydrogen vehicles. Why is all of that at the moment coming from the states or Germany while the smartest R&D brain are in this country.
But if we do that, how close are we getting to communism? I don’t know. It’s hard,
So … no idea …
Exactly what happened to me. I’m not complaining about bail outs…I’m just not happy the situation was allowed to develop in the first instance…
As to the engineering abilities of Brit engineers…you clearly haven’t a clue. Go find out where some of the best cars in the world are engineered and developed and come back with a more valid comment. If you are still in doubt, try driving an American car as (apart from a very few which hav been worked on by UK firms) they are more awful than anything even Rover produced.