Following yesterday’s news of how a High Court ruling dashed the compensation hopes of ex MG Rover workers the Birmingham Post is today reporting that each worker presently stands to receive just £3 each from the Trust Fund.
If no more contribution to the Trust Fund is received from Phoenix Venture Holdings, this is the amount that will be available to each worker. Read the full story on The Birmingham Post.
Are you an ex-MG Rover employee still waiting for a payout? Is the collapse of MG Rover still affecting you life? Let us know how this is affecting you either in the comments box below or by emailing us on firstname.lastname@example.org
Former Longbridge MG Rover workers set to receive just £3 compensation – Birmingham Post