Recession Could Hit Us for 3 Years ; Car Plant Boss Tells of Vital Credit Access Support Jaguar Now Land- Rover
Liverpool Echo › January 07, 2009
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Summary
JAGUAR Land Rover boss David Smith fears the recession hitting the firm's Merseyside plant could rumble on for three years.
Yesterday the ECHO launched the Support JLR campaign, aimed at convincing prime minister Gordon Brown to back a business which employs 2,200 people at Halewood.See the full content of this document
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Recession Could Hit Us for 3 Years ; Car Plant Boss Tells of Vital Credit Access Support Jaguar Now Land- Rover
We want the government to provide a short-term loan or stand as guarantor to give banks the confidence to free up funds.
Aid is needed swiftly because production levels have been halved, Halewood has already axed 170 temporary and agency jobs and the firm is looking for 598 voluntary redundancies.Mr Smith today sai...See the full content of this document
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