Ryder Report (British Leyland)
The Ryder Report was the official report produced for the Government of the United Kingdom in 1975 by Sir Don Ryder, newly appointed head of the UK's National Enterprise Board who was given the task of reporting on the British Leyland Motor Corporation (BLMC) and listing recommendations for its future. The report, titled "British Leyland: The Next Decade", was prepared by a team that included Bob Clark (Chairman of Hill Samuel), Fred MacWhirter (a senior partner of Peats) and Sam Gillen (the ex-head of Ford UK and Ford of Europe). It was passed to  Tony Benn, Secretary of State for Industry, on 26 March 1975 only 14 weeks after commission. According to AROnline, "[i]n brief, the report made the following recommendations: The report recommended capital expenditure of £1,264 million ("£2,090 million in inflated price terms" "over the eight years to end September 1982") from the government, backed up with a working capital of £260 million ("£750 million in inflated price terms"). If this was not taken it would be seen that the government had allowed the UK's leading car company to collapse and fail – a result that could have  led to around one million people being put out of work. A result of adopting the report was the part-nationalisation of BLMC as the government bought shares in the company, until it became the majority shareholder. The company known largely just as "BL" would continue.