More independent voices needed in UK boardrooms

Article Abstract:

Amstrad's intended appointment of two non-executive directors after institutional pressure is an example of shareholders' wish for independent information. ProNed, formed in 1983, has encouraged better representation of independent directors in public companies' boardrooms. Many directors are appointed casually and have no job profile. They are likely to agree with company executives on corporate issues. Objective advice can only be effective if there are sufficient non-executive directors on boards.

Management, Services, Corporate directors, Appointments, resignations and dismissals, Amstrad UK, ProNed

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Someone you've not heard of cleans up the opposition

Article Abstract:

It is extremely difficult to obtain financial backing for the launch of an innovative product, according to James Dyson, designer of the revolutionary Dual Cyclone vacuum cleaner. He was obliged to invest 4.5 million pounds sterling of his own money into designing and launching the vacuum cleaner, and is still the sole owner of his company. The vacuum cleaner has proved extremely successful, and now dominates the market in volume terms.

Interview, Market share, Vacuum cleaners, Dyson, James

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Bass buys Carlsberg-Tetley for 200m pounds sterling

Article Abstract:

Carlsberg-Tetley, the brewing joint venture of Carlsberg and Allied Domecq, has been purchased for 200 million pounds sterling by Bass, subject to regulatory approval. The move will give Bass 35% of the UK brewing market, compared with Scottish and Newscastle's 31% share following its purchase of Courage in 1995. Bass is currently holding discussions with the Office of Fair Trading about the deal.

Mergers, acquisitions and divestments, Brewing industry, Breweries, Carlsberg UK Ltd., George Bass Co.

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