Rescue bid is LDV last hope ; JOBS CRISIS: Van-maker collapse leaves 800 redundant

Summary


MORE than 800 LDV workers were today pinning their fragile hopes on a rescue bid by Malaysian group Weststar following the van- maker's collapse with debts of more than pounds 75 million.

A total of 810 workers were made redundant yesterday by administrators PricewaterhouseCoopers in the latest savage jobs blow to hit the West Midlands.

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Extract


Rescue bid is LDV last hope ; JOBS CRISIS: Van-maker collapse leaves 800 redundant

But hopes that some jobs could yet be saved lingered after it emerged that the Malaysian...

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