Brussels row over pounds 80m Jaguar aid
Monday 23 October 1995
A row is developing between the European Commission and the Department of Trade and Industry over delays in Brussels approving a government aid package to Jaguar.
Sources in Brussels say the DTI has been dragging its feet in replying to requests for information about the pounds 80m subsidy to the company, and the Commission may not now be in a position to approve the aid until the end of the year.
A DTI official was due to meet counterparts at the EU's competition office this week to help speed up approval, which Jaguar says is essential if it is to go ahead with a pounds 400m assembly plant. Ford, which owns the Midlands- based luxury carmaker, had said that unless it received the money it would build a new Jaguar model, the X200, in the United States.
One critic of the DTI's handling of the affair said this weekend that the department had not fully thought through the terms of the aid, and was now having difficulty answering the Commission's questions.
Awarding the money is proving embarrassing for the DTI, and appears to be opening the floodgates for similar requests.Last week the Independent revealed that Rover group was talking to the DTI about a pounds 70m-pounds 100m package towards a pounds 300m investment in a new engine plant. But a DTI spokeswoman dismissed the criticism, saying the size of the package meant it would take time to clear Commission competition rules.
Diving in at the deep end is no excuse for shirking the style stakes
- 2 Loom bands: Bids for dress made from colourful rubber pass £170,000 on eBay
- 3 Why I'm on the brink of burning my Israeli passport
- 4 L'Oreal cuts ties with Belgium supporter Axelle Despiegelaere after hunting trip photographs
- 5 The true Gaza back-story that the Israelis aren’t telling this week
Game of Thrones author George RR Martin says 'f*** you' to fans who fear he will die before finishing Westeros saga
Loom bands: Bids for dress made from colourful rubber pass £170,000 on eBay
Supermoon 2014: When and why will the moon look bigger and brighter this summer?
Tommy Ramone dies: Last surviving founder and drummer seminal punk band The Ramones dies aged 62
Gaza-Israel conflict: The terrible price Palestinian children are paying for Israel’s war with Hamas
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Australia facing international condemnation after turning around Sri Lankans at sea
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
iJobs Money & Business
£70000 per annum: Harrington Starr: Information Security Manager (ISO 27001, A...
£75000 - £85000 per annum + ex bens: Deerfoot IT Resources Limited: Biztalk Te...
£60000 per annum: Harrington Starr: Trade Desk Specialist (FIX, Linux, Windows...
£35000 per annum: Harrington Starr: Service Desk Analyst (Windows, Active Dire...