Meeting with GKN Workers under Melrose Cloud

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Today I met with GKN workers to discuss the potential takeover of GKN by Melrose. The fortunes of GKN are threatened by this potential takeover and there are wider implications for our industrial strategy and defence capability and its workforce.

Worryingly the basis of the Melrose business model is to dismantle a business and try to sell each part off, indeed the motto of Melrose is “Buy, improve and sell". The Government cannot just sit back and allow for such takeovers to go ahead without appropriate investigation.