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Ldv Going Under!


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The FT is reporting that LDV (formerly Leyland DAF Vans) have given up all hope of getting the £4M to £6M necessary to keep going until better times.

Someone remind me how much is being spent on unnecessary "improvements" to our Market Place - that's not even a market place and which won't create/save a single job!

Also some back of the envelope figures to work out how much extra dole the taxpayer is going to be in for here?

So it's OK to throw billions of public money at bankers to cover backsides and save political skins, but if you're doing a real job and creating something that people will want to buy come the upturn (and that doesn't run up our huge import bill any further), you're screwed!

The French are pulling their motor manufacturing back to France to preserve their industry. They know that we are dumb enough to continue buying their cars when we no longer have any capacity to produce our own.

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  • 2 weeks later...

mandelson_498709g_2.jpg

Mandelsonian Rhapsody

==================

Is this the real life?

Is this just fantasy?

Caught in a recession,

No escape for LDV

Open your eyes, Look at the wrecked economy,

They're just a poor firm, they need some sympathy,

Because it's easy come, easy go, Little cut, little blow,

Any way the custard goes, doesn't really matter to Mandy

Mama he just killed an industry,

Put a gun against its head, pulled the trigger, now it's dead

Mama, recovery had just begun,

But now they've gone and thrown it all away

...

(Galileo) Galileo (Galileo) Galileo, Galileo politico

Magnifico It's just a poor firm and nobody loves it

It's just a poor firm from a poor industry,

Spare it its life from your pomposity

Easy come, easy go, will you let it go

Northern Rock! No, we will not let it go

(Let it go!) RBS! We will not let it go

(Let it go!) Merchant Bank! We will not let it go

(Let it go) Will not let it go

(Let it go) Will not let it go (Let it go) Ah

No, no, no, no, no, no, no

...

Nothing really matters, Anyone can see,

Nothing really matters,

Nothing really matters to Mandy

Any way the wind blows

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mandelson_498709g_2.jpg

Mandelsonian Rhapsody

==================

Is this the real life?

Is this just fantasy?

Caught in a recession,

No escape for LDV

Open your eyes, Look at the wrecked economy,

They're just a poor firm, they need some sympathy,

Because it's easy come, easy go, Little cut, little blow,

Any way the custard goes, doesn't really matter to Mandy

Mama he just killed an industry,

Put a gun against its head, pulled the trigger, now it's dead

Mama, recovery had just begun,

But now they've gone and thrown it all away

...

(Galileo) Galileo (Galileo) Galileo, Galileo politico

Magnifico It's just a poor firm and nobody loves it

It's just a poor firm from a poor industry,

Spare it its life from your pomposity

Easy come, easy go, will you let it go

Northern Rock! No, we will not let it go

(Let it go!) RBS! We will not let it go

(Let it go!) Merchant Bank! We will not let it go

(Let it go) Will not let it go

(Let it go) Will not let it go (Let it go) Ah

No, no, no, no, no, no, no

...

Nothing really matters, Anyone can see,

Nothing really matters,

Nothing really matters to Mandy

Any way the wind blows

sad!

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  • 4 months later...

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