Tuesday, August 11, 2009

Jaguar Land Rover secures funding

The Indian owner of Jaguar Land Rover has told the UK government it no longer needs support for the carmaker, after obtaining private funding.

JLR has been in talks for months with the UK Government over possible funding but will not now need state money.

The firm employs nearly 15,000 people, including 3,500 engineers at Whitley in Coventry and Gaydon, Warwickshire.

IMO: As I have often said in this blog, Tata is usually a good employer, and the current Pimpri/Cinchwad works has been considered a better model than the old Lever facility at Port Sunlight used to be. I mainly blame CPI(M) for the recent Bengal problems. But irrespective of the existence of a would-be model employer, Government and greedy Unions can be a real problem in a country like the UK which by now has lost all real idea of 'hard times'. I say that, even as a former Salford resident.

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