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Old 24-10-2007, 07:38 PM   #1
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Country: Job Centre
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The worlds gone mad!

he bill for the inquiry into why MG Rover went bust has passed £10 million.

The car maker went into administration in 2005, despite being given a £6.5-million loan from the government.

An inquiry was set up shortly afterwards because the government's loan was agreed just before a general election.

However, according to the Financial Times, the inquiry's costs have totalled £8.4 million in fees and a further £1.5million in VAT, and are increasing at £300,000 a month.

No date has been fixed for the inquiry to end
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Old 24-10-2007, 07:44 PM   #2
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I blame the children of the 50's.
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Old 24-10-2007, 08:48 PM   #3
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Country: Job Centre
Location: In a box
Occupation: Chaos's gofer
Interests: Skiving
Boat make: Spectre 30
Engines: 2 x Promax 225
Cruising area: In the bath

Join Date: Mar 2004
Location: In a box
Posts: 5,201
what, my parents?
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Old 24-10-2007, 09:11 PM   #4
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Country: England
Location: Hampshire
Occupation: Credit Crunched
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Boat make: Planatec 41
Engines: 2x625's+ From Uncle Sam
Cruising area: Solent

Join Date: May 2007
Location: Hampshire
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I blame the Lawyers LOL

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