Four businessmen who were at the helm of MG Rover when the automotive giant
collapsed could be disqualified from serving as company directors, the
government has hinted.
Peter Mandelson, the business secretary, is considering the move in the wake
of the SFO’s decision not to start a criminal investigation into the collapse,
According to the paper, Mandelson has asked government lawyers to begin
compiling the evidence needed to bar certain former Rover directors from
participating in corporate life.
Information contained in BDO Stoy Hayward’s long -awaited report, set to be
made public on 11 September will form the key plank of the government’s
offensive on the directors.
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"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies