Mandelson pledges support to Vauxhall workers

Lord Mandelson today told workers at a Vauxhall plant that the Government will underwrite a deal to buy out the group from General Motors (GM), its bankrupt parent, and that retaining production facilities in the UK remained a “top priority”. Touring the company’s van making plant in Luton, the Business Secretary pledged the Government’s support in underwriting a deal to buy out the struggling group, whose future has been thrown into doubt following the collapse of GM and the sale of its European operations. Lord Mandelson said: “I want workers at both Luton and Ellesmere Port to know that we are doing everything possible to secure a long term commercial future for Vauxhall. “I and my officials are in constant contact with the US and German governments, GM US and GM Europe and others to ensure Britain’s interests are fully... [read full story]                    

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