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05 Apr 2006
Rover administrator PricewaterhouseCoopers has been paid £10m over the past 12 months since the collapse of the carmaker.
The fees are split between £8m for work on MG Rover and £2.1m on its engine business Powertrain.
A PwC spokeswoman said the fees reflected the size of the administration and
the 'huge amount of work' involved. 'To put it in context, we've generated in
excess of £150m so our fees make up less than 7% of that figure,' said the
spokeswoman.
'Fees are approved by the creditors.'
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Briefings
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