Wednesday, September 30, 1998 Published at 07:58 GMT 08:58 UK
Business: The Company File
Rover jobs under threat
Rover workers are bracing themselves for further job losses
Rover bosses have warned that the strength of sterling could mean further job losses at the firm's largest car plant.
Redundancies or a month-long shutdown at the Longbridge works, in Birmingham, are among options being considered by the company, a spokesman said.
The spectre of further redundancies was raised after a warning from BMW chief Bernd Pischetsrieder.
Speaking at the Paris Motor Show Mr Pischetsrieder said: "We must differentiate between what's necessary in the short term and right in the long run.
"But it is clear that short-term measures are required in England."
He said: "Nothing has been decided yet, but the pound is hurting us, and there are lots of options we are looking at.
"It could mean further cuts, it could mean longer holidays."
The spokesman said the strong pound was damaging Rover in both the domestic and export markets.
Unions call for cut in interest rates
Following Rover's announcement a senior union leader called on the Bank of England's Monetary Policy Committee to cut interest rates.
Roger Lyons, general secretary of the Manufacturing Science & Finance Union, warned that more British jobs will be lost and more factories will close if no cut is made.
He said: "Common sense dictates urgent action."
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