Peugeot are really rooted now

Quite apart from the fact that they are a french car maker they are really rooted now because they are being bailed out by the state. Surly French unionists, socialist funders and crap cars…all spells disaster:

The challenges facing car makers were also laid bare by Peugeot which has accepted state aid for its lending arm.

Peugeot said it was close to an agreement on €11.5bn (£9.3bn) of refinancing and had secured state guarantees on a further €7bn for Banque PSA Finance,.

In return for the funds the French group said it would suspend dividend payments, scrap stock options for its top executives, and appoint government and union board representatives.

 


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

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