{"id":1362,"date":"2005-06-03T23:38:32","date_gmt":"2005-06-03T23:38:32","guid":{"rendered":"http:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/"},"modified":"2012-07-17T13:45:48","modified_gmt":"2012-07-17T13:45:48","slug":"dti-investigate","status":"publish","type":"post","link":"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/","title":{"rendered":"DTI investigates on MG-Rover"},"content":{"rendered":"<p class=\"MsoNormal\"><span lang=\"EN-GB\"><span><a href=\"http:\/\/blogs.thesocialmedia.com\/petrol-head\/files\/2012\/07\/rover1.gif\"><img loading=\"lazy\" decoding=\"async\" height=\"312\" alt=\"Rover\" src=\"http:\/\/blogs.thesocialmedia.com\/petrol-head\/files\/2012\/07\/rover.gif\" width=\"250\"  \/><\/a> The British Department of Trade and Industry has launched an inquiry into the accounts of <a href=\"http:\/\/www.caomhin.org\/wibble\/2005\/05\/04\/110818.html\">Phoenix Venture Holdings<\/a>, which owned <a href=\"http:\/\/bunyip.blogspot.com\/2005_06_01_bunyip_archive.html#111760625572954300\">MG-Rover<\/a>.<\/p>\n<p><\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-GB\"><span>Secretary of Trade and Industry Alan Johnson wants to know exactly what happened to the group since the appointment of Administrators on April 8 was lethal shock on the employees as well as the suppliers.<\/p>\n<p><\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-GB\"><span><span> <\/span><\/p>\n<p><\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-GB\"><span>Phoenix Venture Holdings is suspected of having traded while being insolvent, which is punishable with prison. Nevertheless, it\u2019s legal to trade if there are good chances of recovery. In other words, Alan Johnson wants to make sure that SAIC was really willing to buy MG-Rover as it was claimed.<\/p>\n<p><\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-GB\"><span><span> <\/span><\/p>\n<p><\/span><\/span><\/p>\n<p class=\"MsoNormal\"><span lang=\"EN-GB\"><span>Phoenix Venture Holdings had obtained a lot of money from BMW and the sale of assets around the world. What have they done with it?<\/p>\n<p><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British Department of Trade and Industry has launched an inquiry into the accounts of Phoenix Venture Holdings, which owned MG-Rover. Secretary of Trade and Industry Alan Johnson wants to know exactly what happened to the group since the appointment of Administrators on April 8 was lethal shock on the employees as well as the [&hellip;]<\/p>\n","protected":false},"author":353,"featured_media":1425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-1362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DTI investigates on MG-Rover - Petrol Head<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"DTI investigates on MG-Rover - Petrol Head\" \/>\n<meta name=\"twitter:description\" content=\"The British Department of Trade and Industry has launched an inquiry into the accounts of Phoenix Venture Holdings, which owned MG-Rover. Secretary of Trade and Industry Alan Johnson wants to know exactly what happened to the group since the appointment of Administrators on April 8 was lethal shock on the employees as well as the [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/files\/2012\/07\/rover.gif\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"stephane schlesinger\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/\",\"url\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/\",\"name\":\"DTI investigates on MG-Rover - Petrol Head\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/files\/2012\/07\/rover.gif\",\"datePublished\":\"2005-06-03T23:38:32+00:00\",\"dateModified\":\"2012-07-17T13:45:48+00:00\",\"author\":{\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/#\/schema\/person\/5c8103ba7561357f0d71a57e0901f797\"},\"breadcrumb\":{\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/#primaryimage\",\"url\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/files\/2012\/07\/rover.gif\",\"contentUrl\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/files\/2012\/07\/rover.gif\",\"width\":\"250\",\"height\":\"312\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DTI investigates on MG-Rover\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/#website\",\"url\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/\",\"name\":\"petrol-head\",\"description\":\"Just another The Social Media Group Network site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/#\/schema\/person\/5c8103ba7561357f0d71a57e0901f797\",\"name\":\"stephane schlesinger\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"caption\":\"stephane schlesinger\"},\"url\":\"https:\/\/blogs.thesocialmedia.com\/petrol-head\/author\/stephane-schlesinger\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DTI investigates on MG-Rover - Petrol Head","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogs.thesocialmedia.com\/petrol-head\/2005\/06\/03\/dti-investigate\/","twitter_card":"summary_large_image","twitter_title":"DTI investigates on MG-Rover - Petrol Head","twitter_description":"The British Department of Trade and Industry has launched an inquiry into the accounts of Phoenix Venture Holdings, which owned MG-Rover. 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