At the same time, the DTI also said that the inquiry into the collapse of the
group – which cost 6,000 jobs – would continue into 2007.
The DTI investigation has been running for the last 18 months.
The newspaper also reported that the
Phoenix Four –
former owners of MG Rover – are set to become millions of pounds richer after
clawing back more than £16m from the taxman.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children