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MG Rover millionaire made redundant

MG Rover chief executive Kevin Howe has been made redundant.

Howe, who earned £1.5 million a year in his role at Longbridge, has now joined the 5,000 MG Rover workers who lost their jobs when the factory went into administration earlier this month.

Meanwhile, a massive careers fair is being organised in Birmingham to help redundant MG Rover workers - and those working in the supply chain - find new jobs.

About 450 companies and organisations are expected to attend the three-day event at Cannon Hill Park next month.

It is hoped more than 5,000 jobs could be on offer, in addition to advice and guidance on interview techniques and form filling.

  • Distribution and logistics business Unipart said it would be able to start supplying replacement parts for Rover customers. Group chief executive John Neill said: "As a result of the strategic diversification, Rover's move into administration will have virtually no impact on the group this year. In the early '90s most of our employees worked on the Rover business - today it is less than a fraction of one per cent and we are confident of deploying them elsewhere in the group." The announcement came as Unipart reported sales of £1.064 billion and a pretax profit of £18 million for the year to December 31.
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