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Saab increase pay for Board members as Swedish Debt Office circles
Fri, 19 Aug 2011Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.
Rod's rare Lamborghini up for sale
Thu, 27 Mar 2014A RARE LAMBORGHINI once owned by Rod Stewart is being sold - for nearly £1 million. The singer bought the two-door Lamborghini Miura P400S brand new in 1971, when it did 0-60 mph in 6.7 seconds with a top speed of 171mph - the fastest road car of its kind in the world at the time. The pristine four-litre blue sports car with silver trim has recently undergone a £100,000 restoration and is being sold on AutoTrader for £899,999.
Horror crash drivers offered training course
Tue, 21 Jan 2014POLICE who found enough evidence to prosecute 32 motorists following a 150-car pile-up have offered to send them on a driver alertness course instead. A senior police officer said handing the drivers a chance to go on the course would be more beneficial than putting them before the courts. The decision to spare drivers prosecution follows a four-month investigation by specialist collision investigators and case review staff from Kent Police.