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AUTOMOTIVE ASSISTANCE SCHEME FAILS TO SAVE 10,000 AUTOMOTIVE JOBS - BURT

June 7, 2009 12:00 AM
Originally published by West Midlands Liberal Democrats

Lorely Burt MP has kept her election promise to introduce her Bill in Parliament.Commenting on news that the British automotive industry has not yet benefited from one penny of the £2.3 billion assistance scheme announced by Lord Mandelson in January, Liberal Democrats Business spokesperson, Lorely Burt, said:

"The Government announced a £2.3 billion support scheme for the car industry in January[1] and yet five months later not one British company has received so much as a penny of aid. Since the start of this year we have discovered that nearly 10,000 automotive jobs have been lost or are at risk[2].

"The automotive industry has been knocked for six by the recession and it sticks in the gall to think that livelihoods have been lost whilst a much trumpeted assistance scheme remains unused.

"Lord Mandelson needs to make an urgent statement - preferably in the House of Commons - to explain the lack of action from the government and to set out clear steps as how this aid will be delivered to those most in need."

"At a time when unemployment is at its highest level for 12 years[3], it is imperative that the Government does everything it can to help people at risk of losing their jobs."

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