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It has taken seven years, but laid-off workers at Britain's last major car maker, MG Rover, look to have secured a tasty redundancy package from their former employers.

The compensation fund is £22,000, meaning each of the 6,500 workers will receive a massive £3.

That's right, £3. And this from a manufacturing company whose owners took away £42m (they bought MG Rover for £10 in 2000 to huge cheers from the factory staff).

Understandably, this news has not gone down well with the former workers as they were promised a share of over £50m when the plant closed in 2005. They clearly weren't warned just how small that share would become.