Jaguar bail out?

[MalcGSI]

Do you think the government should help them? Personally not sure given that:-

1. They are no longer a UK company

2. The owners are not exactly short of cash, have just agreed to sponsor the Ferrari F1 team

However a lot of UK workers are employed by them

[NellyD]

Do you think the government should help them? Personally not sure given that:-

1. They are no longer a UK company

2. The owners are not exactly short of cash, have just agreed to sponsor the Ferrari F1 team

However a lot of UK workers are employed by them

That is a very hard decision to make, glad that I am not the one making it...

[mark1319]

Their Research & development programme accounts for 50% of the UK's R&D spending.

[Robbie69]

No I wouldn't, get the Indian Government to bail them out, they only took the company on over the summer, why should we pay?

[MLC]

They can take the money out of the £1 billion pounds a year in 'aid' we give to India.

(Although I do hope Jaguar/Land Rover survive. Otherwise all this country will be making is egg boxes)

[MalcGSI]

Agree hope they survive, quite fancy one of the XF's. Don't think they should get any of our money though.

[ed taylor]

I think the government should help. They bailed the banks out and it was the banks that got themselves into trouble. The Recession got the Motor manutfactures into trouble not themselves.

[MalcGSI]

My point is though that the owners of Jaguar aren't short of a bob or 2.

[boba]

Nothing has happened to the economy since their buy-out that wasn't already on the cards. They went into this with their eyes wide open and got a bargain too because of the seller's financial woes. So no they shouldn't get a handout, they're just trying it on of course.

[ed taylor]

My point is though that the owners of Jaguar aren't short of a bob or 2.

Perhaps the indian government should bail them out then. But our government help the smaller companies that make components for them. I dare say they are finding things difficult at the moment too.