Part of Oral Answers to Questions — Business, Enterprise and Regulatory Reform – in the House of Commons am 10:30 am ar 7 Mai 2009.
As the hon. Lady will be aware, Tata has denied those reports. Discussions are ongoing. The Government regard JLR as a viable company with good long-term prospects. We want to see the company through difficult trading times and to provide it and its employees with stability. That is why we have been having confidential discussions with JLR and its parent company about both the short-term and long-term financing in its business plans. Those negotiations are ongoing.
It is important that those discussions should be handled professionally and face to face, rather than through the media; handling them through the media is not helpful to the company. We have not yet had any response to the proposal that we put to JLR last Friday, but obviously we would welcome one and we continue to have discussions with the company.