Socialist Worker

Blair pays up 'blackmail'

Issue No. 1708

Blair pays up 'blackmail'

CAR manufacturer Nissan has blackmailed �50 million from the government but it could still destroy thousands of jobs. Nissan bosses had warned that they would cut spending on British components by �200 million a year.

Nissan also said it might not build the new Micra model at the Sunderland plant unless it received a big aid payment. Tony Blair met with Nissan bosses on Monday and offered them �50 million of state aid. But they were still saying that they might take the new model to France, endangering 1,000 jobs directly at Sunderland and up to 5,000 more across north east England.

There is a crisis across the car industry from Rover to Ford to Nissan. Instead of throwing money at the bosses Labour should be nationalising.

If you enjoy Socialist Worker, please consider giving to our annual appeal to make sure we can maintain and develop our online and print versions of Socialist Worker. Go here for details and to donate.

Article information

Sat 5 Aug 2000, 00:00 BST
Issue No. 1708
Share this article

Mobile users! Don't forget to add Socialist Worker to your home screen.