The Business Secretary Lord Mandelson is about to unveil a package of support for the UK’s struggling car industry. The industry will be treated to some short-term help and some long-term help. It is considered by some MPs that the long term help may take quite some time to actually be of any use. It is alleged that by the time the long-term package is finally available, Kenneth Clarke may well be leading a Tory Government.
Remember what happened to the coal-miners during that particular administration.
How many cars do we need ask the hard-pressed tax-payers? There are thousands of cars littering the car-parks of car-plants up and down the country.
However, Lord Mandelson wants us to be sure that this is not a bail-out. We must make this clear. This is not a bail-out.