Summary
CLOSURE of LDV would cost the Treasury up to pounds 53 million in unemployment benefits and lost taxes in one year alone, it was revealed today.
The economic fallout from the total shutdown of the Washwood Heath van maker was disclosed ahead of today's scheduled administration hearing at Birmingham County Court, with the firm set to collapse into insolvency.See the full content of this document
Extract
pounds 53m bill for Treasury if LDV closes
Meanwhile, Malaysian group Weststar was repo...
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