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Rover problems rumble on
Continuing uncertainty over the future of Rover means administrators are more likely to turn to the government for a further cash injection to pay the wages of MG Rover's 6,000 workers.
The trade and industry secretary, Patricia Hewitt, authorised a £6.5m loan to the administrators on Monday to avert thousands of job losses at Longbridge.
Meanwhile, the European Commission is demanding more information about the government’s financial aid to the company.
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Published: Wed, 13 Apr 2005 08:05:50 GMT+01
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