On November 22, 2009
Weekend Round-Up
Sunday Times Shamed MG Rover chiefs bank extra £11m The five former directors of MG Rover — John Towers, Nick Stephenson, John Edwards, Peter Beale and Kevin Howe — are to receive over £11m in payouts. Their windfall will bring to £42m the total they have extracted from the collapsed company in one of Britain’s biggest business scandals. The payout comes from the winding up of MGR Capital, a car finance operation kept separate from the rest of the group. Waitrose’s ‘chubby grocer’ tipped for Morrison job Waitrose MD Mark Price has emerged as a leading contender for new chief executive of supermarket chain Morrisons, replacing departing boss Marc Bolland, who’ll take up Sir Stuart Rose’s former role as chief…
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