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Saturday, January 05, 2008

ALL RIGHT FOR SOME

The rising threat of mortgage foreclosures and credit card debts has lead some commentators to forecast a gloomy economic future, but this is not a universal view as one up-market manufacturer explains.
"Any talk of a downturn in UK manufacturing seems very distant to Ian Robertson, chairman of Rolls-Royce Motor Cars, the upmarket UK vehicle maker owned by BMW of Germany. In 2007, Rolls-Royce’s plant in Goodwood, West Sussex, is likely to make just under 1,000 cars, a quarter up on 2006, while in 2008 Mr Robertson is pencilling in further growth of at least 10 per cent." (Financial Times, 27 December) RD

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