The long-awaited report into the collapse of MG Rover is to be
released by the Department of Business on 11 September.
Last month, after much speculation, the Serious Fraud Office
announced that a criminal investigation into the company's demise
would not be taking place.
However, at a cost of £16m, the report which has taken
four years to complete, will no doubt raise a lot of issues about
the Birmingham-based car maker which collapsed in April 2005 with
the loss of 6,300 jobs.
Professor David Bailey, an automotive industry expert from
Coventry University's Business School, said:
"The 6,300 MG Rover workers are the real losers in all this.
They have waited four years and still deserve some answers."
There will no doubt be a renewed interest in the running of the
company when the 850-page independently produced report is made
public but whatever the outcome, thousands of jobs were lost and
creditors owed £1.3 billion.
Professor Bailey added: "Over the past four years, a
majority of the work force has found employment or re-training
opportunities, thanks to the various agencies involved.
"The collapse of MG Rover was a major blow to the area and I
hope lessons have been learned so that this will not be allowed to
happen on this scale again."