2 Months Ago, Tim Webb from The Guardian (UK) says (in Phoenix Four face ban over MG Rover collapse) The Phoenix Four face being banned as company directors after the long-awaited report into the collapse of MG Rover was published this morning.

MG Rover, Britain's last volume carmaker, went bust in April 2005 with the loss of 6,500 jobs.

And Tim Webb, Patrick Wintour from The Guardian (UK) says (in Rover owners under fire over pay) The trade union Unite representing the workforce will demand maximum compensation and will direct the bulk of its ire at the four directors. Rover was the last large independent British car manufacturer. It is now owned by a Chinese state owned company, SAIC, which employs a few hundred at...

3 Months Ago, Graeme Wearden from The Guardian (UK) says (in No charges over MG Rover collapse) BMW sold Rover in 2005 to Phoenix, a consortium set up by former Rover chief executive John Towers. Phoenix received a £427m loan from BMW as part of the deal, along with various other assets. The consortium had hoped to bring Rover back to profitability and ensure its long-term survival, bu...

7 Months Ago, Telegraph.co.uk says (in Four-year probe into MG Rover collapse costs £15m)  United Kingdom - Andrew Alderson
They are scrutinising a number of areas including the role of the directors – the so-called "Phoenix Four" – who bought the company from BMW for £10 in 2000. The four – John Towers, Peter Beale, Nick Stephenson and John Edwards – are said by friends to ...