Ryder Report (British Leyland)
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The report titled "British Leyland: The Next Decade" was prepared by a team that included Bob Clark (Chairman of Hill Samuel), Fred MacWhirter (a senior partner of Peats) and Sam Gillen (the ex-head of Ford UK and Ford of Europe). It was passed it Tony Benn on 26 March 1975 only 14 weeks after commission.
At the time the company was in poor state. It had come about from the consolidation and merger of Britains car and road vehicle companies and their related businesses including tractors. Production of many competing models was spread across several locations at sites that had a strong and vocal Trade Union presence. The report was optimistic about the company suggesting that it would be likely to keep its one-third share of the UK car market. There were no recommendations for plant closures, but for comprehensive organizational changes to the management structure. The report recommended capital expenditure of £1,264 million from the government, backed up with a working capital of £260 million. If this was not taken it would be seen that the government had allowed the UK's leading car company to collpase and fail - a result that could lead to around one million people put out of work. The result of adopting the report was the effective nationalization of BLMC. The company known largely just as "BL" would continue although its troubles were not over
The Ryder report remains classified.
References
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