It’s incredible to see that the national tragedy that was British Leyland is continuing to unwrap 42 years after it was created.
Earlier today a protagonist of the MG Rover collapse told me that PriceWaterhouseCooper is still working on the company’s liquidation, five years down the line.
Image courtesy of Google Maps
However, last week I spotted another sad story in the Lancashire Evening Post that will see a surviving BL asset destroyed.
This is a satellite shot of the Leyland Motors test track, built in the late 1970s when the company was under government ownership. (Leyland, if you don’t know, is a small town exactly halfway between London and Glasgow, and a few miles south of Preston).
The local council has just decided that track should be broken up, ploughed into the ground and covered with new houses.
State spending on British Leyland was massive after it collapsed in 1974. Money was poured into what was a huge industrial combine making everything from fridges to quarry trucks and employing (directly and indirectly) perhaps 500,000 people.