Ryder Report refers to the official report produced for the Government of the United Kingdom in 1975 by Sir Don Ryder, newly appointed of the United Kingdom's National Enterprise Board who was given the task of reporting on the British Leyland Motor Corporation and listing recommendations for its future. The agencies responsible for the government of the United Kingdom consist of a number of ministerial departments (usually headed by a Secretary of State) and non-ministerial departments headed by senior civil servants. ... Don Ryder (born Sydney Thomas Franklin Ryder on September 16, 1916, died May 12, 2003) was a businessman and Labour peer. ... The National Enterprise Board (NEB) was a government body set up in the United Kingdom in 1975 to implement the Wilson Labour governments objective of extending public ownership of industry. ... British Leyland corporate logo old BLMC share The British Leyland Motor Corporation (BLMC), was a vehicle manufacturing company formed in the United Kingdom in 1968. ...
The report titled "British Leyland: The Next Decade" was prepared by a team that included Bob Clark (Chairman of Hill Samuel), Fred MacWhirter (a senior partner of Peats) and Sam Gillen (the ex-head of Ford UK and Ford of Europe). It was passed it Tony Benn on 26 March 1975 only 14 weeks after commission. The Ford Motor Company (usually called Ford; sometimes called FoMoCo), (NYSE: F) is a multinational corporation that manufactures automobiles. ... Tony Benn about to join March 2005 anti-war demo in London Anthony Neil Wedgwood Benn (born April 3, 1925), known as Tony Benn, formerly 2nd Viscount Stansgate, is a British politician on the left of the Labour Party. ... March 26 is the 85th day of the year in the Gregorian Calendar (86th in leap years). ...
At the time the company was in poor state. It had come about from the consolidation and merger of Britains car and road vehicle companies and their related businesses including tractors. Production of many competing models was spread across several locations at sites that had a strong and vocal Trade Union presence. The report was optimistic about the company suggesting that it would be likely to keep its one-third share of the UK car market. There were no recommendations for plant closures, but for comprehensive organizational changes to the management structure. The report recommended capital expenditure of £1,264 million from the government, backed up with a working capital of £260 million. If this was not taken it would be seen that the government had allowed the UK's leading car company to collpase and fail - a result that could lead to around one million people put out of work. The result of adopting the report was the effective nationalization of BLMC. The company known largely just as "BL" would continue although its troubles were not over The examples and perspective in this article or section may not represent a worldwide view. ... Capital expenditures (CAPEX) are expenditures used by a company to acquire or upgrade physical assets such as equipment, property, industrial buildings. ... Nationalization or nationalisation is the act of taking assets into state ownership. ...