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MG Rover employees refused mortgage protection by CGNU

Employees of MG Rover are being refused mortgage protection insurance by CGNU.

An MG Rover employee was refused mortgage protection, to cover illness or redundancy, as a result of &#39uncertainty&#39 over the firm&#39s long term future, according to reports in the Financial Times.

Vincent O&#39Meara, a worker at the Longbridge plant, was told that CGNU had concerns about his job security.

MG Rover chairman John Towers says: “Ford is closing its plant at Dagenham, Vauxhall wants to close at Luton and there is even a question mark over Nissan at Sunderland, yet Longbridge is prospering.”

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