Ford Plant Closure - multiplier

MQT on 2013-01-30
Session date: 
January 30, 2013
Question By: 
John Biggs
Labour Group
Asked Of: 
The Mayor


The number of job losses at the plant has been announced. What work has been done to understand the consequential job losses, in supplier chains and elsewhere, in the London economy? Is City Hall, and the task force, working with suppliers affected by the closure?


Answer for Ford Plant Closure - multiplier

Answer for Ford Plant Closure - multiplier

Answered By: 
The Mayor

As you are aware, whilst the number of expected job losses has been announced the number of redundancies that will be enacted have not been confirmed and will not be confirmed until the end of the consultation period in January.

My Deputy Mayor for Business & Enterprise, Kit Malthouse and his officers are in contact with Ford to establish the impact of job losses on the supplier chains and across London.

Ford has carried out some initial analysis, do not believe that there will be a significant impact on the local supply base. Once the consultation has closed the GLA will work with Ford to establish the full impact.