The cost of the collapse of Rover to the taxpayer was £270m, according to a report published today.
The study by the Commons Public Accounts Committee will also say that the cost to the private sector, from lost pensions to unpaid creditors, was at least £600m.
The report also claims that even if Rover had done a deal with Nanjing, thousands of jobs would still have been lost.
The committee's chairman, Conservative MP Edward Leigh, said: "It could have been worse."
