http://news.independent.co.uk/busine...p?story=577756
Quote:
|
Peter Beale, vice-chairman of Phoenix Venture Holdings, the owner of the loss-making company, said that MG Rover would have broken even last year if police and other public-sector organisations had followed a "buy British" policy. Last week, MG Rover reported £77m losses for 2003. Mr Beale said that losses for 2004 would be higher than last year, although the company is implementing a cost-saving programme, which should see it break even in 2005.
|
OK, there is the real reason for the story. The management have failed to make a profit and are looking for someone to blame.
I am also rather suspicious of the fact that the article fails to name the police authority that the comment apparently originated from. That smacks of an invented quote.