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Birmingham Post
Copyright Birmingham Post and Mail Ltd.
Provided by ProQuest LLC. All Rights Reserved.
from October 22, 1998
Last Document: May 17, 2012
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Birmingham Post
News; Front Page
Axed Rover Staff Should Share Hbos Millions - Mp
A Birmingham MP has called for former Rover workers to be given a share of pounds 22 million left over from the winding-up a car- leasing company linked to the failed Longbridge firm. MGR Capital - the manufacturer's finance and lease loan book - was acquired from BMW by the so-called Phoenix Four along with former Rover chief executive Kevin Howe in a joint venture with HBOS in 2001 in a deal separate to the main car manufacturing operation.