US state Michigan has agreed to give Ford Motor $300m (£155m) to keep open six of its factories in the state news.bbc.co.uk/1/hi/business/economy/default.stm
Every little helps when you're hard up!
JH
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subsidies....Rover...government...rant...dribble...spittle flecked rage
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Ah but this is Europe. The EU says you can't do that. Who said "Renault"? And if anyone says "Fiat"...
JH
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In the US most subsidies have been renamed 'defense contracts'.
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"The EU says you can't do that"
No it doesn't it says you can, but within set limits - remember the silicon chip factory in the North East? Or the clutch factory in South Wales? Both set up after receiving millions in HM Government funding.
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"The EU says you can't do that" No it doesn't it says you can, but within set limits - remember the silicon chip factory in the North East?
That was Siemens IIRC. It never actually opened and they had to pay most of the money back.
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What about BAe.buying Rover for next to nothing and then selling it for a fortune.
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