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.
- 1 Student jailed for hacking University of Birmingham computers to improve his grades
- 2 Smartphones are making children borderline autistic, says psychiatrist
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 4 Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
- 5 The most powerful passports in the world
Student jailed for hacking University of Birmingham computers to improve his grades
Smartphones are making children borderline autistic, says psychiatrist
Nepal earthquake: More than 1,100 killed across four countries and in Mount Everest avalanche
Royal baby: Live updates as the wait continues for Duchess of Cambridge's second child
Hermann Goering's daughter fails to reclaim items looted by Nazi deputy during WWII
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
Rupert Murdoch berated Sun journalists for not doing enough to attack Ed Miliband and stop him winning the general election
iJobs Money & Business
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£50000 - £55000 per annum: Ashdown Group: Business Analyst - Financial Service...
£18000 - £23000 per annum + OTE £45K: SThree: At SThree, we like to be differe...
£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is the o...