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Extraordinary Items - So much for the exact fare.
(From Financial Director)
You wait ages for some bus company executives to resign, and then what?
Three go all at once. So it was with the collapse of Mayflower at the end of March when the chief executive, the FD and a joint MD all agreed to stand down from the Dennis chassis engineering group as it reached the end of the road, owing some GBP200m. It now looks as though accounting and invoice discounting irregularities have inflated the numbers and the bank balances.
If only Mayflower had had someone with good ...
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- British Bus Builder Mayflower Enters Administration; Pension Fund Lacks Money.
- Newspaper article from: Daily Mail (London) April 1, 2004 700+ words
...went in as administrators to Mayflower and three subsidiaries, including...UKpound 71 million provision. Mayflower's shares were suspended...launched an investigation into Mayflower's accounting problems...ago, former Prime Minister John Major was a board member. His shares...
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- Newspaper article from: Daily Mail (London) March 31, 2004 700+ words
...Oldfield Mar. 31--Bus builder Mayflower said talks with its lenders...just over 5,000 staff. Mayflower's shares were suspended...for former Prime Minister John Major, who was a director until...year. It is only a day since Mayflower revealed "financial irregularities...
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- Newspaper article from: The Evening Standard (London, England) March 30, 2004 700+ words
...LEA FORMER Prime Minister John Major was today in danger of becoming...irregularities at his former company Mayflower looked set to drive the London...to the brink of collapse. Mayflower, which is almost [pounds...resigned. At 1pm today, Mayflower called for its shares to be...
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- Newspaper article from: The Evening Standard (London, England) March 29, 2004 700+ words
...Byline: ROBERT LEA BUS builder Mayflower was thrown into deeper crisis...accounts back to next month. Mayflower, chaired by City financier...counted former Prime Minister John Major among its directors, paying...Evening Standard last month, Mayflower has been forced to shake up...
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- Newspaper article from: The Evening Standard (London, England) Prynn, Jonathan February 25, 2003 700+ words
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