ref date:17 Mar 2000 (ECON)
Rover cars demise echoes Uniroyal fiasco
The Uniroyal manufacturing plant was sunk by its German owners after the
Scottish 'executive' left it adrift as London had done for years.
Now, with BMW's surprise announcement it has sold most of it Rover ownership
to a venture capital company we see industry being sold down the river,
with London unable to help - as usual.
The main problem as BMW asserts is more than likely the pound is just
too damned expensive - time to go to the Euro ASAP Blair. Protect
REAL manufaturing jobs for exports and not the 'city boys' for a change.