Ford presses Blair to raise state aid
Saturday 29 May 1999
At a 30-minute meeting in Downing Street, the company told Tony Blair that the pounds 30m in government subsidy earmarked for Ford's engine plant at Bridgend in south Wales did not match the sums available elsewhere. It is understood that the German and Spanish governments have indicatedthat more generous packages might be available for plants in Cologne and Valencia.
Ford will announce in the autumn which of the three plants will receive an investment estimated at pounds 250m to make a new engine destined for most Ford models produced in Europe. This will replace the Zetec-SE engine, nearly half a million of which are produced each year at Bridgend, Ford's largest petrol engine works in Europe.
Ken Jackson, the general secretary of the Amalgamated Engineering and Electrical Union, expressed confidence that the Government and the company would arrive at a deal: "Bridgend is a productive plant with an excellent, highly-skilled workforce. I'm sure the investment needed to produce the new engine will be secured," he said. Gerwyn Lloyd, convenor at the Welsh plant, was also hopeful that the Government would meet Ford's demands. "You can only compete if you get good investment," he said.
A Ford spokesman said yesterday's talks, involving Ian McAllister, Ford's UK chairman, and Jim Donaldson, in overall charge of the company's European business, were the kind which took place in every country Ford was involved in. "Companies such as ours seek to negotiate the best deal possible and any sensible Government will want to talk to, and help as much as possible, the industries which form the backbone of its wealth," he said.
Outlook, Page 22
Diving in at the deep end is no excuse for shirking the style stakes
- 1 Why I'm on the brink of burning my Israeli passport
- 2 Japanese plant experts produce 10,000 lettuce heads a day in LED-lit indoor farm
- 3 War is war: Why I stand with Israel
- 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
Israel-Gaza conflict: Death toll tops 125 after overnight raids as Operation Protective Edge continues
Game of Thrones author George RR Martin says 'f*** you' to fans who fear he will die before finishing Westeros saga
Ian Thorpe gay: Olympic swimmer comes out in Parkinson interview
Supermoon 2014: When and why will the moon look bigger and brighter this summer?
Gaza-Israel conflict: Pro-Palestinian demonstrators take to streets of London, Paris and New York in wave of protests
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...