IMGpapers 1968–75

Newspapers of the International Marxist Group and its forerunners, 1968–75

Weekly!

Red Weekly No. 80, 12 December 1974 · p. 12 of the scan · 182 words

The scan: rw-no80-dec-12-1974.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Apple Vision OCR) from a scan of a newspaper page, and the page was cut into articles by machine, at the headlines found by their type size. Nothing has been corrected: expect misread words, text from a neighbouring article, and titles that are the machine reading of the headline, some of them only fragments. Quote from the scan, not from this page.
How this article was cut and titled: headline found by type size in the OCR geometry (split_tabloid.py); 2-3 of 6; machine-segmented newspaper page; uncorrected Vision OCR.

page 12 of the scan

NAME...... DOMESTIC: E5 per year 12-50p for 6 months.

FOREIGN: 69 per year surface mail.

E12 per year airmail.

Write to RED WEEKLY (distribution).

182 Pentonville Road, LONDON N 1, England. with the 'oil crisis" and rise in petrol prices nearly fin shed the company for good. It began to use bank loans meant for long-term investment to pay its immediate bills.

began to run out. BLMC was pleading for new loans to finance its L600 million investment programme. The bankers, sensible capitalist gentlemen that they are, said no. BLMC shares dipped on the Stock Exchange to an all-time low of 7p.

CONCENTRATED But Leyland workers can take only small comfort iram Benn's promise to bale the company out of its inmediate difficulties. For a start, the BLMC investmen! progr amme is concentrated in the topprice range Rover and Jaguar Jines. The biggest number of workers in the company are concentrated on the middle range Marina and Allegro -exactly the lines management have tried to hit hardest with Measured mean culling jobs. act.

The gravy bucket from the banks PROMISES

← SPECTRE OF COLLEGE CLOSURE HAUNTS ALNWICKBRITISH LEYLAND Jobs at stake →

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