Showing posts with label Government. Show all posts
Showing posts with label Government. Show all posts

Friday, September 9, 2011

Reduce Government 'Smokescreen' on MG Rover

Announcement by the Government that the serious fraud Office (SFO) will look like in the collapse of MG Rover Group (MGRG) was attacked by a former employee of the group as a "smoke screen".

Vincent Hammersley, made in Coventry motoring Association founded, is of the opinion that the Government is trying to protect in 2005 for creditors ?1 his own lack of effort to the company. 3 billion and leaving 6,000 workers without jobs collapsed to hide.

Hammersley now is Director of communications for Warwick Business School, he said "never the commitment or ability doubted" of the Phoenix Group that took over the company in 2000, to pay then owner BMW only ?10.

Business Secretary Peter Mandelson announced yesterday that the SFO would decide after a four year study of MGRG, parent company Phoenix venture holdings and MGR capital Ltd, and a number of smaller affiliates if there are reasons for the persecution.

BBC business editor Robert Peston, questioned why the Government in the FG bring at any time during the investigation by independent inspectors, to point out that the report remains unknown as sees the SFO in the matter.

The 'Phoenix four' which welcomed some in 2000 as the saviors of MGRG, took an estimated ?40 million in salaries, pensions and assets before the Group reduce, five years Später.Sie deny any wrongdoing in the events which led to the demise of MGRG to an end British owned volume vehicle construction.

Write on his blog, Vincent Hammersley said it's a shame that Phoenix executives ", insert their own money and reputation on the line" not having their efforts are recognized.

"It looks to me how the Government is trying to ensure that the debt is addressed to the people who tried to save the company, rather than weak compared to their own efforts and ineffective," he added.


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Sunday, September 4, 2011

Safety in road transport expenditure 'money Government.'

Maintenance of road safety issues given the far-reaching budget cuts will end save the Government money, according to the Institute of advance motorists (IAM).

The claim follows warnings from other Motorsport groups during Tuesday's 'not' budget certainly charities and transport lobby groups have highlighted its concerns where the cuts in the transport expenditure will fall.

According to the IAM proves "his research the value of setting objectives damage accident reduction and consistent financing".It claims that were first introduced in the 20 years since objectives, 31,000 lives only stored resulting in a financial saving £ 50 billion.

Supports their figures on the Government own estimate each road death 1.68 million pounds costs society says IAM that .these arise from a reduced impact on NHS resources, the group says continued investment in road safety measures "significant prices back into the economy will produce", in addition to cost savings associated with less long-term injuries, less lost working days and lower levels of congestion due to accidents.

The call is the Department for transport figures released today show that the number of people in road accidents killed from 2,538 in 2008, 2,222 last year fiel.Die IAM cautioned, however, that the downward trend should not be affected by spending cuts will be scheduled for the next four years by 25%.

IAM Director who said policy and research Neil Greig: "the effects of the accident reduction targets was enormous."

"If we with our current rate of investment, could annual deaths in the United Kingdom far below 2,000 to 2020 - a further saving of £ 4 billion and 2,500 life over the next decade float."

"Punitive cuts of the road security budgets are they huge financial and social gains compromise."

"Our message is simple: money expenditure on road safety."

Response to Tuesday's budget, road safety charity brake said had, it was "outraged that road safety was so brutally targeted has", cuts on show, in councils Street provides security.

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Monday, December 6, 2010

Transport group slams 'wilfully misleading' Government

Councils across the country are misled, by the Government on the road-building financing, the campaign for better transport (CBT) has claimed.

The group which has improved public transport for their pesticide advertising out hit after regions seven from Britain Government receive support for your transport priorities for the next five years.

The regional proposals in detail is a series of transport improvements for roads and public transport.However, the CBT is building - ?4 billion figure from a total transport significantly from the amount of money towards road account ?5. 5 billion for the five-year period could go.

For each of the plans submitted that said Department for transport, unless "contents with the region priorities", although this does not mean that arrangements have green light given Government worden.Die says it will consider the impact of each one of you on greenhouse gas emissions before issuing a full.

Transport Minister Sadiq Khan said he was confident that each region would help suggestions "efficient, reliable and sustainable transport fit for the 21st century" to develop.

CBT streets and Climate Campaigner Richard George accused the Government of "intentionally misleading" Councils of promising money it knows is to pay which he believes for systems not available, are in conflict with the newly announced CO2 transport strategy.

"Even if we could afford you, I can't see why we would want to" he said.

"Many of these systems are a terrible waste of money and not to time or budget delivered."

"Promised, ?4 spend billions in road construction shows that only after the announcement of a carbon strategy that this Government still its climate change commitments seriously."


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