More than 400 ex-MG Rover staff are in new jobs and 800 are on training courses, a group helping former workers at the car maker has told the BBC.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The MG Rover Task Force also told the broadcaster at least £2 million has been paid to supply companies in emergency grants, safeguarding 2,498 jobs in the short term.
New trade and industry secretary Alan Johnson visited the West Midlands on Wednesday to discuss the situation with the task force and affected suppliers, the BBC added.
The report said administrators PricewaterhouseCoopers (PwC) are still studying five offers to buy parts of the defunct automaker – from three firms to buy the sports car side of the business and two interested in the rest.
It narrowed down the list of potential buyers from about a dozen serious contenders to five after studying details of how the interested parties would finance any deal, the BBC said.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe task force’s chairman, Nick Paul, told the BBC: “For companies hit by MG Rover’s closure, the grants we have been able to offer have provided short-term breathing space. Our priority now is to work with these companies to offer them longer-term support to find new markets for their products and get on with life without MG Rover.”
