More money spent on investigation than on trying to keep MGR afloat
3 May 2007

When MG Rover collapsed in 2005, the government provided a £6.5m emergency 'loan' to keep the factory open for another week. But that's nothing next to the £8.5m that's already been spent on the as-yet-unfinished official inquiry into MG Rover's collapse.The inquiry is being paid for by the Department of Trade and Industry (DTI) – aka the UK taxpayer – and so far it appears to have established exactly nothing in the two years it has been running.In July 2006, a report from the Public Accounts Committee said that the collapse of MG Rover cost the UK tax payer around £270million.There is no news yet on when the DTI report will be finished. Meanwhile, MG buyer Nanjing Automotive looks likely to restart limited production of the TF roadster at Longbridge later in May.

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • BMW X2
    This is the new BMW X2
    First Drive
    20 March 2018
    Doesn’t deliver many typical crossover selling points but looks perky, handles keenly and is well capable of winning over your latent cynic
  • First Drive
    20 March 2018
    The newest version of Rolls-Royce's flagship model sets new standards for opulence and luxury whether you're driving it or being driven in it
  • Used BMW M135i
    First Drive
    20 March 2018
    We have bought a used BMW M135i to see how far we can improve this rear-wheel-drive hot hatch
  • Mercedes-Benz E-Class Estate
    First Drive
    19 March 2018
    The Mercedes-Benz E-Class could be all the estate car you’ll ever want — or it could be overkill. Let’s see which...
  • Dallara Stradale
    The Stradale is the first road-legel car from Italian motorsport constructor Dallara
    First Drive
    16 March 2018
    The motorsport constructor's first road car is inspired by Lotus minimalism. Does it thrill on road and track?